Established in 2007, Accion Microfinance Bank has a mission, “To
economically empower micro-entrepreneurs and low-income earners by
providing financial services in a sustainable, ethical and profitable
manner.”
The bank which has a license to operate nationally in Nigeria,
has an extensive branch network where customers have easy access to
various products and services that include savings, loans,
micro-insurance and e-commerce.
With a total asset base of over N5
billion as at December 2014, Accion Microfinance Bank is the safe and
strong microfinance bank positioned to serve her ever increasing
customers having disbursed over N32bn in loans to over 163,000 customer
accounts since inception. Accion Microfinance Bank has solid shareholder
investments from three major banks – Ecobank, Zenith Bank and Citi Bank
– as well as International Finance Corporation, a member of the World
Bank and Accion Investments - all of which contribute to its strong
financial base and allow it to service an ever-increasing number of
customers.
The bank’s corporate citizenship focuses on education, in
which donations of educational materials and supplies are made to pupils
of public primary schools. Accion Microfinance Bank has won several
awards including the EFInA Award for the financial service provider that
has deepened financial inclusion in Nigeria, the Lagos State Enterprise
(LEAD) award for Best Microfinance Bank in Lagos State multiple times,
and the LEAD Centenary MFB of the Year, for its impact on socio-economic
development, contributions to sustainable development, and its
commitment to financial inclusion in Nigeria.
In 2012, Accion
Microfinance Bank was voted “Top 5 Company for Outstanding Workplace
Practices in Nigeria” as well as the Most Outstanding Microfinance Bank
in ICT Usage at the Africa Digital Forum & Awards 2014.
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