Establishment and Management of AccessBank Tanzania (ABT)

AccessBank Tanzania (ABT) was established in 2007. Its shareholders are AccessHolding, African Development Bank (AfDB), Belgian Investment Company for Developing Countries (BIO), the International Finance Corporation (IFC) and the German Development Bank (KfW).

LFS is the Technical Partner in charge of establishing and managing ABT. Its services (management, advice, training) cover all business areas of ABT. ABT’s corporate goal is to provide the core target group of micro, small and medium-sized enterprises (MSMEs), as well as other clients in the lower income strata, with a broad range of appropriate financial services. ABT aims to become one of the leading retail providers of finance to this target group in Tanzania, and to set standards in terms of efficiency, transparency, and customer service.