AccessBank Liberia

AccessBank Liberia
Type Private
Industry Financial Services
Founded 2009
Headquarters Johnston Street, Monrovia, Liberia
Key people Mary Clare Odong
General Manager & CEO
Products Loans, Checking, Savings, Investments, Debit Cards
Employees 270 (2011)

AccessBank Liberia (ABL), is a microfinance commercial bank in Liberia. It is one of the commercial banks licensed by the Central Bank of Liberia, the national banking regulator.[1]

Contents

Overview

The bank is Liberia's first licensed microfinance services provider. They obtained a commercial banking licence in January 2009, according to the website of the Central Bank of Liberia. As of June 2011, the shareholders' equity in the bank is valued at US$10 million (EUR:7 million), with US$4.73 million (EUR:3.3 million) in customer deposits and over 50,000 customers.[2]

Ownership

The bank's stock is owned by the following corporate entities: [3]

AccessBank Liberia Stock Ownership
Rank Name of Owner Percentage Ownership
1 AccessHolding of Germany 52.0[4]
2 African Development Bank 15.0
3 European Investment Bank 15.0
4 International Finance Corporation 18.0
Total 100.00

Branch Network

As of June 2011, AccessBank Liberia operates five (5) branches, including at these locations: [5]

  1. Main Branch - Johnson Street, Monrovia
  2. Branch Number 2
  3. Branch Number 3
  4. Branch Number 4
  5. Branch Number 5

External links

See also

References

  1. ^ List of Licensed Commercial Banks In Liberia
  2. ^ Overview of AccessBank Liberia
  3. ^ Shareholding In AccessBank Liberia In 2008
  4. ^ Shareholding As Of 2008
  5. ^ AccessBank Liberia Has Five Branches In June 2011