AccessHolding
| Company type | Joint Stock Company |
|---|---|
| Industry | Development Finance |
| Founded | 2006 |
| Headquarters | Berlin, Germany |
Key people | Thomas Engelhardt Chairman |
| Products | Equity Finance Management Services |
| Total assets | €1 billion (*network 2014) |
| Website | Homepage |
Access Microfinance Holding AG, often referred to as AccessHolding, is a commercial microfinance investment and holding company based in Germany. AccessHolding specializes in start-ups and early-stage microfinance institutions (MFIs). It will establish new MFIs together with other partners, and transform existing non-bank microlending institutions into full-service microfinance banks.[1]
Overview
[edit]AccessHolding is an investor and technical manager in a network of microfinance banks in developing and emerging countries. In 2012, the group banks' total assets were valued at approximately €1 billion, with shareholders' equity of about €170 million.[2]
History
[edit]The company was founded in August 2006 by LFS Financial Systems GmbH (LFS).[3] LFS is a German business and financial consulting firm based in Berlin. It has special expertise in developing and emerging markets.
AccessBank Group
[edit]The member banks of the AccessBank Group include the following:[4]
- AccessBank Azerbaijan - Baku, Azerbaijan
- Total Assets:US$597.4 million (2012) (16.5% shareholding)[5] - AccessBank Madagascar - Antananarivo, Madagascar
- Total Assets:US$39.1 million (2012) (55.2% shareholding) - AccessBank Tanzania - Dar es Salaam, Tanzania
- Total Assets:US$55.3 million (2012) (52.7% shareholding) - AB Microfinance Bank Nigeria - Lagos, Nigeria
- Total Assets:US$42.2 million (2012) (50.1% shareholding) - AccessBank Liberia - Monrovia, Liberia
- Total Assets:US$24.3 million (2012) (55.6% shareholding) - AccessBank Tajikistan - Dushanbe, Tajikistan
- Total Assets:US$23.4 million (2012) (63.4% shareholding) - AB Bank Zambia - Lusaka, Zambia
- Total Assets:US$8.3 million (2012) (51.0% shareholding) - AB Bank Rwanda - Kigali, Rwanda
- Total Assets:US$5.54 million (2013) (50.5% shareholding)
Ownership
[edit]As of December 2013[update], the company stock is privately owned by the following corporate entities:[6]
| AccessHolding Stock Ownership | ||||||||||||||||||||||||||||||
|
- MicroAssets GbR is the employee investment company owned by the staff of LFS Financial Systems GmbH.[citation needed]
See also
[edit]External links
[edit]References
[edit]- ^ About AccessHolding
- ^ Audited December 2012 Annual Financial Report
- ^ "AccessHolding Was Formed On 30 October 2006". Archived from the original on 3 March 2016. Retrieved 16 September 2019.
- ^ Members of the AccessBank Group
- ^ Shareholding In AccessBank Azerbaijan
- ^ Shareholding In AccessHolding