AB Microfinance Bank Nigeria Celebrates International Women’s Day 2020

On Friday 6th of March 2020, AB Microfinance Bank Nigeria honoured its female clients and employees by celebrating the 2020 International women’s day.

This was done to recognize the contributions of women to the nation’s economic development.

Also, women constitute over 60 percent of the bank’s borrower base and over the years, they have shown great entrepreneurial acumen in growing their business concerns through facilities granted by the bank and at the same time have proven very good repayment behaviour which inspires great trust in Nigerian women as business partners to the bank.

Mr. Pawel Wodz, the Chief Business Officer of the bank emphasized that “At AB Microfinance Bank, we give our female clients equal opportunities with their male counterparts in business financing and other areas they need our support. Our records show that they have incredibly been able to utilize these facilities to grow their businesses in many ingenious ways. We are highly encouraged by this and we thought that it would be a great idea to further encourage them by recognizing, celebrating and honoring these wonderful women that are changing the face of businesses in Nigeria and the International Women’s Day provides the opportunity for us to show how appreciative we are to them”, he said.

He added: “Gender equality is essential for economies and communities to thrive. A gender equal world can be healthier, wealthier and more harmonious. At AB Microfinance Bank, we understand this fact and we will not only celebrate our female clients on that day, but also our female employees for their dedication and commitment to the organisation.

The event which took place at the Diamond hall, Amber Residence in G.R.A Ikeja with the global theme “Each for Equal” attracted women from different walks of life including Onyeka Onwenu, Nigerian music legend, Modupe Ladipo an independent director of the bank and also a managing partner at Prosperar consulting and also some female clients and employees of the bank.

Below are some pictures during the event;

IWD IWD

IWD IWD

IWD IWD

IWD

AB Microfinance Bank Nigeria Extends its Business Activities to the South East

AB Microfinance Bank Nigeria hits another milestone by opening its first branch in Onitsha in the south east region of Nigeria.

The bank extended its operations to the region to assist in the business development of small and medium scale businesses within the environment. The bank’s presence in Onitsha will further increase the bank’s capacity to serve its growing customers in line with its mission which is to be the leading provider of financial services in Nigeria.

The expansion is in line with the bank’s gaols for 2020 to make ABN bigger and better.

The new branch located at 41, new market road Onitsha was opened for business on the 2nd of March 2020.

AB Microfinance Bank Nigeria gives back to the society by donating new furniture to a school within its operational environment.

As a socially responsible bank, AB micro finance bank Nigeria donated new furniture to an elementary school within one of its operational environment.

Below are some images showing the condition of the classrooms with the old set of furniture and the new furniture respectively.

School Picture School Picture

School Picture School Picture

School Picture

Old Furniture



School Picture School Picture

School Picture School Picture

School Picture

New Furniture

AB micro finance bank in its little capacity has been able to provide an improved learning condition for the kids and most importantly put smiles on their faces.

AB Microfinance Bank Signs Ms Onyeka Onwenu as “Brand Influencer”

The management of AB Microfinance Bank Nigeria recently signed Ms. Onyeka Onwenu as the bank’s brand Influencer.

Ms Onwenu is a renowned musician, actress and business woman in Nigeria. She is popularly known all over the country and across Africa. She is fondly called ‘Mama Africa’.

She has over the years been associated with women empowerment and built a formidable brand that any and every responsible organization will want to identify with.

She identifies with our loan clients where 60% of them are already women.

In the last couple of weeks, she has been interacting with some of the bank’s clients with the view to highlight how the bank’s products and services have impacted on their businesses and brought about improvements in their personal lives.

Visit our Facebook page on https://www.facebook.com/ABMicrofinanceBank/ to watch the documentaries of MS Onyeka with some of the bank’s clients.

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Ms Onyeka Onwenu in discussions with Klaus Mueller, the MD of the bank


Onyeka-Klaus Onyeka-Klaus

Onyeka-Klaus

Ms Onyeka Onwenu on a visit to some of the bank’s clients at their businesses.

AB microfinance Bank employees crossed the 1000th landmark

Achievement

AB Microfinance bank employees have grown to over 1000.

We are getting bigger and better.

This makes AB Microfinance bank Nigeria the biggest German owned company in Nigeria.

For over a decade, AB Microfinance Bank Nigeria has been fully committed to the principles of equal opportunities in recruitment and employment and does not discriminate which gives every ambitious, innovative and hardworking individual an opportunity to be a part of our growing organization.

AB Microfinance opens a new branch at Akure, Ondo State

AB MfB Nigeria, has once again taken another giant stride in its business environment. To make available credit services to residents of Ondo state, Akure, the bank has opened a new branch to assist in the business development of small and medium scale businesses within the environment.

The new branch which is located at Oyemekun road in Akure is set to offer its bouquet of financial services and products ranging from micro loans, housing loans for business owners, housing loans for salary earners, savings account, current account, fixed deposit accounts, and e-channels. The strategic move which is aimed at not just alleviating poverty among the low income earners and people at the bottom of the pyramid but will also enhance financial inclusion and offer other socio-economic benefits to the host community. The bank’s presence in Akure will further increase the bank’s capacity to serve its growing customers in line with its mission which is to be the leading provider of financial services and in the process building a long term relationship with its customers based on responsibility and mutual respect. By so doing, it promotes a savings culture and supports borrowers to build up a credit history

AB Microfinance Bank Nigeria reduces lending rates for her clients.

The management of AB microfinance bank Nigeria has decided to reward the loyalty of existing clients with the bank by giving special discounts on its lending rates.

Existing customers with the bank have the opportunity to borrow at a cheaper interest rate from as low as 2.8% on a reducing balance and with the fairest banking practices in the microfinance industry.

Staying true to its core value of customer protection, the bank is always striving to ensure that its customers are happy and have access to the most affordable and convenient business loans.

You can now earn up to 16.5% R.O.I

Customers of AB microfinance bank Nigeria are elated as they can now earn about the highest returns when they invest their funds with us.

In order to remain competitive in the market, AB microfinance bank has increased its deposit rate to as high as 16.5% per annum which is currently higher than treasury bills rate in Nigeria. However, terms and conditions apply.

AB Microfinance opens a new branch at Ijebu-Ode

AB MfB Nigeria, one of the leading microfinance banks in Nigeria recently opened its third branch in Ogun state to economically empower small and medium scale business owners within the Ijebu-Remo axis of the state.

The new branch which is located in Ijebu-Ode is set to offer its bouquet of financial services and products ranging from micro loans, housing loans for business owners, housing loans for salary earners, savings account, current account, fixed deposit accounts, and e-channels. The chief business officer of the bank Mr Pawel Wodz expressed that this is a strategic move which is aimed at not just alleviating poverty among the low income earners and people at the bottom of the pyramid but will also enhance financial inclusion and offer other socio-economic benefits to the host community. The bank’s presence in Ijebu-Ode will further increase the bank’s capacity to serve its growing customers in line with its mission which is to be the leading provider of financial services and in the process building a long term relationship with its customers based on responsibility and mutual respect. By so doing, it promotes a savings culture and supports borrowers to build up a credit history

AB Microfinance Bank achieves another financial milestone

AB Microfinace bank Nigeria is one of the leading microfinance institutions in Nigeria as a result of the impact the bank is consistently making in the Nigerian economy by providing affordable and convenient loans to small and medium business owners and the guarantee of a highly competitive and attractive return on investment for our deposit clients.


Achievement

Micro loans now up to NGN 3 million in AB Microfinance Bank

AB Microfinance Bank clients and potential clients can now access loans up to NGN 3 million in the micro loan category. The decision by management for the upward review stems from the need to provide better services to their customers in line with the bank’s vision and mission.


AB Microfinance Bank extends her housing loan facilities to salary earners.

As part of the bank’s commitment to support and close affordable housing gap in Nigeria, the bank has now introduced her Housing Loan facility for salary earners (those in paid employment) to finance the constructions of their own homes and realize their dreams of becoming “HOUSE OWNERS” with ease.

The process is simple, fast and convenient;

  • Be a confirmed employee of any organization with all relevant documentations.
  • Other flexible requirements

Visit any of our branch offices close to you for more details or call: 09024969264.