AccessHolding


Access Microfinance Holding AG, often referred to as AccessHolding, is a commercial microfinance investment and holding company based in Germany. AccessHolding specializes in start-ups and early-stage microfinance institutions. It will establish new MFIs together with other partners, and transform existing non-bank microlending institutions into full-service microfinance banks.

Overview

AccessHolding is an investor and technical manager in a network of microfinance banks in developing and emerging countries. In 2012, the group banks' total assets were valued at approximately €1 billion, with shareholders' equity of about €170 million.

History

The company was founded in August 2006 by LFS Financial Systems GmbH. LFS is a German business and financial consulting firm based in Berlin. It has special expertise in developing and emerging markets.

AccessBank Group

The member banks of the AccessBank Group include the following:
  1. AccessBank Azerbaijan - Baku, Azerbaijan - Total Assets:US$597.4 million
  2. - Antananarivo, Madagascar - Total Assets:US$39.1 million
  3. AccessBank Tanzania - Dar es Salaam, Tanzania - Total Assets:US$55.3 million
  4. - Lagos, Nigeria - Total Assets:US$42.2 million
  5. AccessBank Liberia - Monrovia, Liberia - Total Assets:US$24.3 million
  6. AccessBank Tajikistan - Dushanbe, Tajikistan - Total Assets:US$23.4 million
  7. - Lusaka, Zambia - Total Assets:US$8.3 million
  8. AB Bank Rwanda - Kigali, Rwanda - Total Assets:US$5.54 million

Ownership

, the company stock is privately owned by the following corporate entities:MicroAssets GbR is the employee investment company owned by the staff of LFS Financial Systems GmbH.