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AB Microfinance Bank

Sector: Commercial • Location: Nigeria

Source: International Finance Corporation (IFC)

Project
Completed

_x000C_The project will support the creation and expansion of a new microfinance bank (AB Microfinance Bank Nigeria Limited) in Lagos State of Nigeria. The new bank will provide a broad range of financial services to MSMEs and lower income populations in Nigeria. It expects to start operations in October 2008 and aims to serve approximately 50,000 borrowers and a similar number of depositors by th

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Project Information

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The project “AB Microfinance Bank” is an infrastructure initiative in the Commercial sector, located in Nigeria. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Taiyo last update

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Available timestamps

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Available timestamp type

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Contact

Contact name

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Phone

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Email

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Address

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Description

Description

_x000C_The project will support the creation and expansion of a new microfinance bank (AB Microfinance Bank Nigeria Limited) in Lagos State of Nigeria. The new bank will provide a broad range of financial services to MSMEs and lower income populations in Nigeria. It expects to start operations in October 2008 and aims to serve approximately 50,000 borrowers and a similar number of depositors by the fifth year of operations.

Original sub-sector

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Original Currency

USD

Original budget

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Procurement method

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Budget

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Location

Region

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State

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County

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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