List of banks supported by MyBankStatement (MBS)

What is MyBankStatement (MBS)?

MyBankStatement (MBS) is a service that allows loan applicants to share their bank statements directly with lenders in a secure, automated way, without needing to download, scan, or manually upload any documents. Instead of the borrower handling a PDF, MBS connects directly to their bank and retrieves the statement on their behalf.

For lenders, this means faster, more reliable credit assessments based on verified financial data rather than documents that can be altered or delayed. For borrowers, it removes a common friction point in the loan application process.

MBS is used during the credit decisioning stage of a loan application. When a lender requires bank statement analysis to evaluate an applicant’s income, spending patterns, or repayment capacity, MBS provides that data quickly and securely.

How Lendsqr uses MBS

Lendsqr integrates MBS as part of its credit scoring and loan decisioning workflow. When a lender on the Lendsqr platform has configured bank statement analysis as a requirement, borrowers are prompted during their loan application to share their statement via MBS. The process is handled within the loan flow itself, so the borrower does not need to leave the application or interact with a separate platform manually.

For a detailed walkthrough of how MBS works within Lendsqr’s credit scoring process, see: How to use myBankStatement with Lendsqr for credit scoring

For step-by-step instructions on generating your bank statement through MBS, see: How to generate your bank statement via MyBankStatement (MBS)

A practical example

Suppose a borrower applies for a loan through a lender’s platform powered by Lendsqr. At the bank statement stage, they are asked to connect their bank account via MBS. They select their bank from the supported list, authenticate with their banking credentials, and MBS retrieves their recent transaction history. The lender receives this data automatically and uses it to assess the borrower’s eligibility. The borrower never has to download or send a single file.

This only works if the borrower’s bank is supported by MBS. The list below shows which banks are currently live on the platform.

Supported Banks

Last reviewed: 2025. This list is updated as new banks go live on the MBS platform.

Commercial Banks (Live)

These banks are fully integrated and available for MBS statement generation:

1. GTBank
2. UBA
3. Access Bank
4. Diamond Bank
5. Sterling Bank
6. Union Bank
7. Polaris Bank
8. Heritage Bank
9. Fidelity Bank
10. Wema Bank
11. FCMB
12. Stanbic IBTC
13. Ecobank
14. Zenith Bank
15. Keystone Bank
16. Providus Bank
17. First Bank
18. Unity Bank
19. Parallex Bank
20. Titan Trust Bank
21. Globus Bank
22. Lotus Bank
23. Jaiz Bank

Merchant & Microfinance Banks (Live)

These institutions also support MBS for statement generation:

1. ARM Investment
2. Amju Unique MFB
3. Coronation Registrars Limited
4. First Ally Asset Management
5. FSDH Merchant Bank
6. Investment One
7. Meristem Securities Limited
8. VFD Microfinance Bank
9. Accion MFB

Fintechs (Live)

These fintech companies currently support MBS integration:

1. Kuda Microfinance Bank

Important Notes

If your bank is on the list: You can proceed with MBS during your loan application. Follow your lender’s prompts at the bank statement stage and select your bank from the available options.

If your bank is not on the list: Your bank may be in a pilot or installation phase and not yet live on the MBS platform. In this case, your lender may ask you to provide your bank statement through an alternative method. Contact your lender directly to confirm what options are available to you.

Security: Only use MBS through your lender’s official portal or the MBS platform directly. Do not share your banking credentials through any unverified third-party application.

Read also: How to generate your bank statement via MyBankStatement (MBS)