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Madagascar

Capital
 Antananarivo
Inhabitants
 21.3m
Area
 581,540 km2
GDP per capita (USD)
 465

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Shareholders
AccessHolding 61.7%
BFV-SG 11.1%
IFC 13.6%
KfW 13.6%

 

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KPIs at end-Q3, 2015
Total assets
EUR 35.8m
Gross loan portfolio
EUR 26.6m
No. of active borrowers
34,723

PAR (>30 days) 

5.3%

Total Deposits

EUR 26.4m
No. of deposit accounts
168,196
No. of staff
756

 

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AccèsBanque Madagascar

AccèsBanque Madagascar (ABM) was established in October 2006 by AccessHolding in partnership with a group of international and local co-investors. The bank opened its first branch in the country’s capital Antananarivo in February 2007 and has since then built up a network of 26 branches and outlets in the capital and other towns of the country.

 

With over 145,000 clients at the end of 2014, ABM has evolved into a significant player and a leading employer in the Malagasy banking sector. Despite a clear focus on the core target group of micro, small and medium-sized enterprises (MSMEs), the bank caters for a broad variety of clients and aspires to become a "house bank" for the lower/middle income strata of the Malagasy population.

 

ABM’s product range comprises loans to micro and small enterprises but increasingly also to medium entrepreneurs. Banking services comprise current and savings accounts as well as term deposit facilities and a variety of payment services (checks and national wire transfer services).

 

For further information on AccèsBanque Madagascar please review their Annual Report 2014

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