AccessBank Liberia (ABL), is a commercial bank with a focus on lending to micro and SME (MSME) companies. It is licensed by the Central Bank of Liberia.
Overview
ABL obtained a commercial banking licence in 2009. As of Feb. 2024, ABL has a loan portfolio of 16 Mio USD, customer deposits of 18 Mio USD and an equity of 11 Mio USD. The bank has 20.000 borrowers (mostly micro entrepreneurs) and disburses 2.000 loans monthly (mostly micro loans, denominated in Liberian dollars, with an average disbursed amount equivalent to 800 USD). ABL has 10 branches in Monrovia and several other regions of Liberia.
Ownership
The bank's equity is owned by the following shareholders:
74% Access Microfinance Holding AG
14% African Development Bank
12% European Investment Bank