2007

Establishment and Management of AccessBank Liberia (ABL)


AccessBank Liberia (ABL) was established by LFS together with its strategic investor AccessHolding. The shareholders of ABL are AccessHolding, the African Development Bank (AfDB), the International Finance Corporation (IFC) and the European Investment Bank (EIB). 

AccessBank Liberia (ABL) is a full-fledged commercial bank with special focus on microfinance. As such, it is Liberia’s first microfinance bank. Its distinct mission is to become the bank of choice for the low and middle income strata of the Liberian population and the leading provider of financial services to micro, small and medium enterprises. LFS is the Technical Partner in charge of establishing and managing ABL. LFS provides the Bank with senior management personnel – including the General Manager, the Credit Manager and the Manager for Operations and Administration – as well as other long- and short-term experts in different areas like IT, MIS, HR, internal audit and product development.