About Us
Royal Exchange Finance Company Limited (REFCO) is a premier financial services provider and a proud member of the Royal Exchange Group which has been in existence for more than 100years.
Initially incorporated as Royal Exchange Finance (REAN) on October 11, 2004, REFCO was licensed by the Central Bank of Nigeria in April 2005 and Licensed by SEC on 15th of November 2017 to offer finance and financial advisory services. Over the years, the company has evolved to meet the dynamic needs of its clients, undergoing several name changes to reflect its growing service offerings: it became Royal Exchange Finance & Investment Limited in 2009, Royal Exchange Finance & Asset Management (REFAM) in 2014, and adopted its current name, Royal Exchange Finance Company Limited, in June 2018.
REFCO is committed to bridging service gaps within Nigeria’s financial sector by offering customer-centric solutions, particularly for small and medium-sized enterprises (SMEs). Although wholly owned by Royal Exchange Plc, the company operates independently, allowing it to respond swiftly to client needs. REFCO’s strategy focuses on building strong relationships and partnerships, leveraging its technical expertise to deliver high-quality financial services.
Brief History
The Parent Company Royal Exchange Plc
Our vision
Our vision is to be Nigeria’s leading financial services provider, known for addressing financial challenges with innovative and effective solutions. We aim to empower clients while driving economic growth and sustainability. Through transparency, accountability, and superior service delivery, REFCO strives to redefine financial services in Nigeria. We are committed to being a trusted partner, inspiring confidence and fostering long-term prosperity for all stakeholders.
Our Mission
Royal Exchange Finance Company Limited (REFCO) empowers individuals and businesses, especially SMEs, with innovative financial solutions tailored to bridge service gaps in Nigeria's financial industry. We deliver efficient, customer-centric services that help clients achieve their financial goals. We prioritize fostering relationships built on respect, teamwork, and integrity. By honoring commitments and upholding professionalism, we ensure transparency and trust in every client engagement, driving mutual growth and success.
Shared Values
Resilient
In finance, "" refers to the ability of an investment, financial institution, or individual to recover from economic setbacks, market fluctuations, or financial crises. A resilient financial strategy can withstand external shocks like economic downturns, interest rate changes, or unforeseen market events. Resilience in finance is key to long-term sustainability and maintaining stability despite adverse conditions.
Yielding
In financial terms, "yielding" refers to the income generated from an investment, typically expressed as a percentage. For example, bond yields refer to the return an investor receives from holding a bond, often in the form of interest payments. Yielding investments, such as dividend-paying stocks or fixed-income securities, provide a steady stream of income to investors, making them crucial for those seeking regular returns.
Outstanding
"Outstanding" in finance refers to the value or number of financial instruments or liabilities that remain unpaid or unresolved. For example, "outstanding shares" refer to the total shares of a company's stock that are currently owned by shareholders. "Outstanding debts" could indicate the amount of money still owed by a company or individual. Financially, outstanding items require monitoring and management to ensure proper cash flow and financial health.
Ambitious
In finance, "ambitious" refers to the pursuit of high-growth opportunities, often associated with taking calculated risks to achieve significant financial returns. An ambitious investor, entrepreneur, or financial institution seeks to expand their wealth and influence through innovative strategies, aggressive expansion, or entering new markets. Ambitious financial goals may involve aiming for above-average returns or striving to overcome market challenges to achieve long-term success.
Leadership
In a financial context, "leadership" refers to the ability to guide and influence others in making key financial decisions. Effective financial leadership involves strategic vision, risk management, and the capacity to navigate complex financial environments. Leaders in finance—whether in corporations, investment firms, or financial institutions—set the tone for decision-making, establishing a culture of accountability, and ensuring that resources are allocated in ways that drive growth and profitability. Leadership also includes guiding teams to achieve financial goals while maintaining ethical and transparent practices.
