services founded 2009 headquarters 20th street sinkor monrovia liberia key people oliver hesch general manager & ceo dogba k. norris sr finance manager & cfo products loans checking savings investments debit cards number of employees 413 2013 website official website accessbank liberia abl is a microfinance commercial bank in liberia . it is one of the commercial banks licensed by the central bank of liberia the national banking regulator . 1 contents 1 overview 2 ownership 3 about the shareholders 3.1 accessholding 3.2 lfs financial systems 3.3 international finance corporation 3.4 african development bank 3.5 the european investment bank 4 branch network 5 see also 6 references 7 external links overview edit the bank is liberia s first licensed microfinance services provider . they obtained a commercial banking licence in january 2009 according to the website of the central bank of liberia . as of july 2013 update the shareholders equity in the bank is valued at us 11.783 million eur 8.9 million with us 11 million in customer deposits and over 50 000 customers . 2 ownership edit the bank s stock is owned by the following corporate entities 3 accessbank liberia stock ownership rank name of owner percentage ownership 1 accessholding of germany 53.0 4 2 african development bank 19.0 3 european investment bank 13.0 4 international finance corporation 13.0 total 100.00 about the shareholders edit accessholding edit access microfinance holding ag accessholding is a commercial microfinance holding company . its business purpose is to invest in microfinance institutions mfis and to develop these investments through a combination of equity finance holding services and management assistance . these services are rendered by its technical partner and founding shareholder lfs financial systems gmbh with which accessholding shares premises in berlin germany . accessholding establishes new mfis together with other partners and transforms existing non bank microlending institutions into full service microfinance banks . currently there are 10 accessbanks operating in azerbaijan liberia madagascar nigeria tanzania zambia tajikistan rwanda georgia and brazil . lfs financial systems edit lfs financial systems not only builds up and manages all network banks but also provides them with central support in a variety of operative areas including key risk management functions . active cooperation in areas such as training or product development particularly within regional clusters exhibits further potential for synergies and other efficiency gains . accessholding s shareholders aside from lfs are the international finance corporation the german development bank kfw the european investment bank the uk development fund cdc group plc. the us tufts university omidyar tufts microfinance fund and microassets gbr a fund of lfs employees and other interested individuals . international finance corporation edit the international finance corporation ifc is a member of the world bank group its primary mission being to foster and encourage private sector investment in developing and transition countries . based in washington dc ifc has been a major driving force behind the development of microfinance industries in virtually all developing regions and has long standing experience as an investor in commercial microfinance institutions . ifc has country or regional offices across africa including an office in monrovia . ifc is a shareholder of accessholding and a co investor in most of accessholding s network banks . it is also providing technical assistance and debt funding to some of the banks . ifc has spearheaded the creation of accessbank liberia from the outset and has had a major role in bringing the core group of investors and partners together african development bank edit the african development bank afdb was established in 1964 with the intention of promoting economic and social development in africa . the bank is a conglomeration of the african development bank afdb the african development fund adf and the nigeria trust fund ntf . it currently has 77 members 53 countries in africa and 24 in america europe and asia . over the past years it has strengthened its involvement in private sector development related projects in general and its exposure to microfinance in particular . afdb is a trusted partner of accessholding . due to its strong regional expertise and knowledge the involvement of afdb is seen as highly beneficial to the success of accessbank liberia . the european investment bank edit the european investment bank was created by the treaty of rome in 1958 as the long term lending bank of the european union . the task of the bank is to contribute towards the integration balanced development and economic and social cohesion of the eu member states . the eib raises substantial volumes of funds on the capital markets which it lends to projects furthering eu policy objectives . it operates in keeping with strict banking practice and in close collaboration with the wider banking community both when borrowing on the capital markets and when financing capital projects . as a shareholder of accessholding the eib has been closely involved in the build up of the emerging accessbank network in africa and elsewhere . branch network edit as of july 2016 update accessbank liberia operates 7 branches including at these locations 5 head office 20th street sinkor monrovia johnson street branch ashmun & johnson streets intersection monrovia paynesville branch paynesville redlight monrovia duala branch caldwell junction monrovia sinkor branch 20th street sinkor monrovia gardnersville branch somalia drive monrovia buchanan branch buchanan liberia grand bassa county liberia elwa branch robertsfield highway dilon avenue junction elwa monrovia liberia see also edit economy of liberia list of banks in liberia references edit list of licensed commercial banks in liberia overview of accessbank liberia shareholding in accessbank liberia in 2008 shareholding as of 2008 http www.accessbank.com.lr our branches external links edit original shareholding in accessbank liberia in 2008 retrieved from https en.wikipedia.org w index.php title accessbank liberia & oldid 731418651 categories banks of liberiabanks established in 2009economy of monroviahidden categories articles containing potentially dated statements from july 2013all articles containing potentially dated statementsarticles containing potentially dated statements from july 2016 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export 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