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:- AccessBank Azerbaijan - Baku, Azerbaijan - Total Assets:US$597.4 million
- - Antananarivo, Madagascar - Total Assets:US$39.1 million
- AccessBank Tanzania - Dar es Salaam, Tanzania - Total Assets:US$55.3 million
- - Lagos, Nigeria - Total Assets:US$42.2 million
- AccessBank Liberia - Monrovia, Liberia - Total Assets:US$24.3 million
- AccessBank Tajikistan - Dushanbe, Tajikistan - Total Assets:US$23.4 million
- - Lusaka, Zambia - Total Assets:US$8.3 million
- AB Bank Rwanda - Kigali, Rwanda - Total Assets:US$5.54 million