AFRICA SME PROGRAM LOC - AB MICROFINANCE BANK NIGERIA LIMITED


Aperçu

  • Référence: P-NG-HZ0-004
  • Date d’approbation: 18/09/2014
  • Date de début: 18/09/2015
  • Date d'évaluation: 02/02/2014
  • Statut: ApprouvéAPVD
  • Agence d'implémentation: AB Microfinance Bank Nigeria
  • Emplacement: Nigeria

Description

Background: AB Microfinance Bank Nigeria


Justificatif

In order to support the expansion of ABN to the national level with a significant increase of its SME portfolio, ABN will require ap proximately USD 20 million to be sourced by term deposits, and medium and long term loans from financial institutions. All of ABN


Bénéfices

ABN started its operations in November 2008 as a microfinance bank regulated by the Central Bank of Nigeria (CBN). ABN is a subsidiary of Access Holding Group, German company specialized in greenfield MFIs in Africa and West Asia. ABN offers a range of financial products and services to micro, small and medium-sized enterprises (MSMEs) and individuals in the lower income strata. ABN raised its capital from NGN 1 bn (Euro 5.0 mln) to 1.5 bn (Euro 7.5 mln) in 2011 to meet the fixed-asset to share capital ratio imposed by CBN. Current shareholders structure is: Access Microfinance Holding AG (50.1%), Impulse Microfinance investment Fund (10.0%), International Finance Corporation (IFC) (15,0%), KfW German Development Bank (12.45%), African Development Bank (AfDB) (12.45%).


Contacts clés

ZEGERS Robertus Paulus Johannes - OFSD1


Coûts

Source Montant
BADNGN 2.814.898
DeltaNGN 2.789.148
TotalNGN 25.750