Access Holding

Access Microfinance Holding AG (AccessHolding) is a new strategic investor in the microfinance industry. Established in 2006 by an international group of private and public investors, AccessHolding will build up a network of microfinance banks worldwide. Investments are taken to success through a combination of growth capital, holding services and technical assistance. Over time, AccessHolding will evolve into a controlling parent company of the network banks, which will set industry standards in terms of professionalism, customer service and commercial return.

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2008-07-16 AccessHolding to open two new microfinance banks in West Africa this year

Access Microfinance Holding AG (“AccessHolding”) plans to open two start-up microfinance banks in Nigeria and Liberia respectively before the end of 2008. The two new institutions are expected to form the nucleus of a new West African cluster within AccessHolding's regional expansion strategy.

2008-05-23 AccessBank Tanzania opens head office and second branch

AccessBank Tanzania (ABT) expands into Kijitonyama with the official launching of a new Head Office and Branch on Friday 23rd May, in Derm House immediately opposite the Village Museum. Just a few months after launching its first branch in Temeke District last November, ABT is now set to open a number of branches in Dar-es-Salaam in the coming months. Within its first six months of operations, ABT has opened around 6,0000 customer accounts and disbursed more than 1,000 loans to micro and small enterprises.

2008-04-18 AccessHolding participates in MFBA capital increase

AccessHolding is participating in a major capital increase approved by the General Assembly of Shareholders of the Micro Finance Bank of Azerbaijan (MFBA) on 18 April 2008 in Baku. The transaction lifts MFBA’s share capital to AZN 20 million and its total capital to over AZN 33 million, making it one of the ten largets banks in the country in terms of capitalization.