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SHAREHOLDERS | Mission | Vision | Values | Board Members | Management Team | Shareholders |

 

The Bank has an exceptional group of very strong international shareholders committed to the task of improving access to financial services in the country. Our shareholders are Access Microfinance Holding AG of Germany, Impulse Microfinance Investment Fund N.V. in Belgium, the African Development Bank, and the International Finance Corporation of the World Bank Group. Together, they have an established record of setting up and managing microfinance banks in a number of other countries such as Tanzania, Madagascar, Azerbaijan, and Liberia amongst others.

At the last shareholders meeting held on March 16 and 17 2011 at our corporate head office it was agreed that the bank’s share capital be increased to N1.5B with Access Holding having the larger share. The ratios are as follows:


impulse
Access Microfinance Holding AG in Berlin Impulse Microfinance Investment Fund
   
KFW
International Finance Corporation of the World Bank Group KfW, the German Development Bank
   
ADBG Stakeholders
African Development Bank  
   
 
PRESENT SHAREHOLDERS’ EQUITY STRUCTURE
SHAREHOLDERS AMOUNT (NAIRA) PERCENTAGE HELD (%)
Access Microfinance Holding AG 751,500,000 50.1
Impulse Microfinance Investment Fund 150,000,000 10.0
International Finance Corporation (IFC) 225,000,000 15.0
KfW German Development Bank 186,750,000 12.45
African Development Bank (AfDB) 186,750,000 12.45
     
TOTAL 1,500,000,000 100
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Access Holding IFC MSME Nigeria