DOCSLIB.ORG

Accessbank Template CI Conform W/O Content

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Accessbank Template CI Conform W/O Content Offgrid Power Forum / Intersolar 21 June 2016 AccessHolding: Basic Facts German stock corporation (AG) created in 2006 Purpose: setting up small business banks in emerging markets „House Bank“ for MSME and low/middle-income households Full range of financial services but focus on business lending: Commercial bank license Core product: cash flow based lending to micro and small businesses Holding approach: Developing centralized core bank holding functions to support the emerging network Strategic Investor: AccessHolding aims to acquire majority stake Regional Clusters Responsible banking Commercial targets but long-term investment horizon: break-even in Y3-4; RoE of > 20% from Y5 on 27-Jun-16 #2 KPIs per December 2015 Paid-up capital of EUR 87.2 million Currently 10 financial institutions 8 banks & 2 MFOs 9 majority - owned Expansion plan for 14 institutions until 2021 Total Assets: EUR 1.2bn, Gross Loan Portfolio: EUR 0.9bn 570 thousand loans outstanding (95% for small business purpose) Average outstanding loan balance EUR 1,598 56% of the loan clients live in rural areas, usually with bad or no energy supply ~ 8,000 employees in 191 branches Two in three branches are located in rural areas 27-Jun-16 #3 History of Network Development Acquisition of AB Azerbaijan AB Tanzania AB Liberia AB Zambia MFO CREDO AH Share 16.5% AH Share 50.7% AH Share 55.6% AH Share 51.0% AH Share 60.2% Fitch Rating: BBB- Oct. 2002 Nov. 2007 Jan. 2009 Oct. 2011 Oct. 2014 Feb. 2007 Nov. 2008 Apr. 2010 Dec. 2013 Jan. 2015 Acquisition of AB Madagascar AB Nigeria AB Tajikistan AB Bank Rwanda MFI Brazil AH Share: 55.2% AH Share: 50.1% AH Share: 63.4% AH Share: 50.5% AH Share: 93.3% 27-Jun-16 #4 Network of Small Business Banks Headquarters: Berlin, Germany Network Banks/MFOs: Azerbaijan Brazil Georgia Madagascar Tanzania Nigeria Liberia Tajikistan Zambia Rwanda 27-Jun-16 #6 AccessHolding: Capital and Ownership Structure Shareholder Structure of AccessHolding AG, 31 December 2015 5 private and 4 public investors LFS - lead investor and technical partner Over time, more capital increases foreseen from existing and new investors 27-Jun-16 #7 Rural Finance Strategy Background Large Majority of the growth potential is in rural areas Current focus on farm finance Challenge: high transaction cost need to capitalize on client relationships Opportunity: high actual energy expenses of customers represent additional debt capacity (replacement) AH network banks possess good knowledge of customer financials and is able to assess and monitor debt capacity (development) 27-Jun-16 #9 Activities & Plans for Renewable Energy Finance Central support unit for rural finance established on holding level in 2014 Rural Finance prioritised in BP 2016-2021 Widened scope addressing wider customers needs savings, payments, mobile money, RE finance, consumer finance, etc. Energy finance: mainly off-grid solutions: solar-powered irrigation, SHS, small commercial or community-based solutions, pico-systems Market segments: Rural : BoP households & communities Urban: BoP & middle class households / small enterprises Looking for partners: local equipment providers often insufficient, in particular with regard to quality management, warranty, after-sales services… Support for new market entry possible: talk to me! 27-Jun-16 #10 Thank you ! Martin Rohler Rural Finance Manager [email protected] www.accessholding.com Access Microfinance Holding AG, Berlin Firmensitz: 10119 Berlin, Schönhauser Allee 10-11 Reg-t: Amtsgericht Charlottenburg, HRB 103848B Vorstand: Christoph Diehl Vorstandsvorsitzender: Thomas Engelhardt Aufsichtsratsvorsitzender: Hywel Rees-Jones .
Load more

Recommended publications
  • Promoting Financial Innovation- Regulation & Policy
    Evaluation and Learning Spotlighting the Status of Innovation and Regulation Disclaimer This publication was written by Abenaa Addai ([email protected]) with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of AccessHolding (Access Microfinance Holding AG) nor those of the Mastercard Foundation. Spotlighting the Status of Innovation and Regulation Building on the driving factors of digital transformation, Human Capital Regulators & Gov’t Infrastructure FinTech Consumers & users and Funding Enabling environment Digital technologies Access to capital and Enabling underlying Access and demand to to support fintech with the potential of finance for FinTechs infrastructure (internet digital financial services solutions while transforming financial and a skilled labour and network services, and technology maintaining regulatory services – business force payment platforms) adoption (mobile device objectives of consumer models, applications, penetration, internet protection, financial processes, and usage) stability & integrity products we spotlight on areas of regulation and innovation policy in three countries Liberia Rwanda Zambia Challenges and Opportunities and map out the status of digital transformation Nascent Growing Advanced Liberia Total Population1 • The vision for financial inclusion is to build a sustainable 5.0 million financial sector deeply rooted in digital financial services. Financial Inclusion Rate2 • Without a clear definition and understanding among regulators, there seems to be a regulatory overlap and in 35.7% other areas gaps: regulations (and accompanying Mobile Phone Penetration3 enforcement) lag behind regional and global standards. 83% • There is an absence of dedicated regulations for Internet Penetration4 electronic transactions, cybersecurity, privacy and the protection of consumers online. 12% • A National payment framework is still missing.
    [Show full text]
  • Ife and Microfinance Banking for the Smallest Businesses
    Public Disclosure Authorized Telling Our Story CREATING OPPORTUNITY Public Disclosure Authorized Edition 5: Success Stories 2008 Public Disclosure Authorized Public Disclosure Authorized International i Finance Corporation liFe~ I World Sank Group SUCCES S1 I i Telling Our Story Creating Opportunity Dear Colleague: Market conditions and client needs are vastly different than they were a year ago. IFC is adapting to this fast-changing world to serve clients better and maximize development impact. Higher food and fuel prices and financial turmoil are just some of the challenging new realities of today's global environment. They pose many new opportunities for IFC to make a difference as we work to help build the private sector and extend its reach in emerging markets. We do so with a commitment to innovation. This allows us to continue to strengthen the private sector's role as an effective engine of growth-an essential force in reducing poverty and improving people's lives in both the poorest countries and middle-income countries, where more than half the world's poor live. The stories in this booklet show how we go about our work. They give clear examples of who benefits from our efforts to attract additional private investment and know-how and broaden its impact in emerging markets. IFC is in the business of creating opportunity and improving lives. This means, for example, that we create jobs, improve the investment climate, increase access to finance, upgrade infrastructure through efficient public-private partnerships, and adapt business and finance principles that address climate change and sustainability. We use a wide range of products involving investment, advisory services, private capital mobilization, and risk mitigation that bring solutions to our clients.
    [Show full text]
  • Microcapital Monitor August 2007 | VOLUME.2 ISSUE.8 the Candid Voice for Microfinance Investment
    ± MicroCapital Monitor AUGUST 2007 | VOLUME.2 ISSUE.8 THE CANDID VOICE FOR MICROFINANCE INVEStmENT FREE PREVIEW MICRoCAPITAL BRIEFs | ToP sToRIEs EDITION Western Union Exploring Microfinance to Increase Profits President and Chief Executive Christina Gold said Western Union was exploring the pos- sibility of developing a micro-lending program in an effort to increase profits. Western INSIDE Page Union seeks to leverage its customer transaction database to analyze potential borrowers’ money transfer histories to excel at microlending. Those exhibiting frequent, recurring, MicroCapital Briefs 2 incoming funds transfers may be considered prime borrowers for loans ranging from USD Paper Wrap Up* 100 to USD 1,000. Mrs. Gold believes small loans present a big opportunity for Western Union, and she plans to start in 2008. Eastern Europe and Africa are being explored as Upcoming Events* initial markets for loans. It is unclear how much the company is willing to invest in such Microfinance Market Indicators 3 a venture, but with operations in over 200 countries and a network of approximately Who’s Who In MicroCapital* 300,000 agent locations, the sky is the limit. August 2. 2007 MicroCapital Monitor Subscriptions 4 BRAC & Citi Bangladesh Launch Remittance Partnership BRAC, a NGO with over five million borrowers and 100,000 employees, has signed a remittance distribution agreement with Citi Bangladesh. BRAC’s microfinance program covers all 64 districts of Bangladesh with 3,090 branches. July 27. 2007 EAsTERN EURoPEAN ANd CENTRAL AsIAN REgIoN NUMBER OF MFI’s by TOTAL Non-profits Merge in Rwanda NUMBER OF ACTIVE BORROWERS Opportunity International (OI), a global non-profit microcredit lender, makes a strong move in Rwanda with the start of new bank Urwego Opportunity Microfinance Bank 1 (UOMB).
    [Show full text]
  • Accessbank Liberia Limited
    ACCESSBANK LIBERIA LIMITED Independent Auditors’ Report and Financial Statements For the Year Ended December 31, 2015 Assurance | Tax | Advisory Our Shared Values Assurance | Tax | Advisory BAKER TILLY VALUES 1. We lead by example. The Baker Tilly International Mission Statement 2. We deliver a quality service with an emphasis on integrity. To operate a network whose members deliver, with integrity and objectivity, superior independent 3. We are open and honest in all audit, accounting, tax and financial communications. services to clients through global resources and relationships. 4. We act ethically. 5. We foster teamwork and collaboration with other Baker Tilly member firms. 6. We maintain a supportive environment in which our individuals can flourish AccessBank Liberia Limited Independent Auditors’ Report and Financial Statements For the Year ended December 31, 2015 Contents Page(s) Corporate Information 1 Directors’ Report 2 Independent Auditors’ Report 3-4 Statement of Financial Position 5 Statement of Comprehensive Income 6 Statement of Changes in Equity 7 Statement of Cash Flows 8 Notes to the Financial Statements 9-42 Supplementary Report - USD 44-64 AccessBank Liberia Limited Independent Auditors’ Report and Financial Statements For the Year ended December 31, 2015 CORPORATE INFORMATION Directors : Mr. Bernd Zattler Chairman Mr. Patrick Thomas Director Mr. Kyle Lackner Director Mr. Dusko Dimitrov Acting CEO Mr. Monojeet Pal Director Mr. Geegbae A. Geegbae Director Mr. Duannah Kamara Director Acting Managing Director: Dusko Dimitrov Register Office : AccessBank Liberia Limited 20th Street, Sinkor Monrovia Auditor : Baker Tilly Liberia Limited (Certified Public Accountants) Kings Plaza 2nd -4th Floors P.O. Box 10-0011 1000 Monrovia 10, Liberia Company Secretary : Atty.
    [Show full text]
  • European Investment in Tanzania: How European Investment Contributes to Industrialisation and Development in Tanzania
    EU market study:EU market study 17/10/2016 11:54 Page 1 European Investment in Tanzania: How European investment contributes to industrialisation and development in Tanzania Funded by the European Union EU market study:EU market study 17/10/2016 11:54 Page 2 European Investment in Tanzania: How European investment contributes to industrialisation and development in Tanzania Funded by the European Commission Written by Ashley Elliot © European Commission, Dar es Salaam, 2016 The content of this publication does not reflect the official opinion of the European Commission. Responsibility for the information and views expressed in the publication lies entirely with the author. "EU" refers to the European Union, and "EU+SN" to the members of the European Union and the Economic Free Trade Area (EFTA), unless otherwise indicated. For further inquiries or clarifications please contact [email protected]. A project implemented by consortium led by POHL CONSULTING & ASSOCIATES GMBH EU market study:EU market study 17/10/2016 11:54 Page 3 European Investment in Tanzania: How European investment contributes to industrialisation and development in Tanzania Funded by the European Union EU market study:EU market study 17/10/2016 11:55 Page 4 European Investment in Tanzania: How European investment contributes to industrialisation and development in Tanzania Foreword by Ambassador Roeland van de Geer, Head of the Delegation of the European Union to Tanzania and the East African Community As the Government of Tanzania and international partners join forces to lift millions of Tanzanians out of poverty, the role of trade and investment in the fight against poverty is increasingly recognised.
    [Show full text]
  • Job Vacancy Announcement
    Job Vacancy Announcement Job Title Chief Information Officer Job code CIO Department IT Location Head Office Report to CEO of the Bank / Management of AccessHolding AccessBank Liberia Limited, The Microfinance Bank, is seeking to recruit qualified individual as Chief Information Officer (CIO). ABL is a part of a growing chain of international banks. Its shareholders are multinational entities including AccessHolding AG of Germany- a joint stock holding company, International Finance Corporation (IFC) - the private sector arm of the World Bank Group; African Development Bank- a development bank which aims at promoting economic and social development in Africa; and European Investment Bank - the long-term lending bank of the European Union. The Bank is a fully-fledged commercial bank, offering in a transparent, professional and sustainable way appropriate financial services to the Liberian population. The future CIO is required to support the Bank as a member of the Senior Management by developing, promoting and implementing the IT strategy of the Bank. This means that the candidate shall be able to translate, in a forward looking and strategic way, business requirements and business strategy into a strategy for technology and IT Operations. The CIO stands on the cross-roads of business and technology to identify and arrange solutions to address the change and challenges arising of operations, targets and strategy. The objective of establishing this position is that IT becomes a competitive asset and provides solutions to processes that are vital to the functioning of the bank. With the Bank being a network bank of the AccessHolding of banks, and the Bank is being managed by LFS under a Management Services Contract, the CIO shall align the IT strategy and his/ her work also with the overall business and technology strategy of AccessHolding and the management and IT services provider LFS.
    [Show full text]
  • Prospects for Islamic Microfinance Under the Existing Legal and Regulatory Framework in Liberia
    28 (2) 2020 IIUMLJ 597 - 620 PROSPECTS FOR ISLAMIC MICROFINANCE UNDER THE EXISTING LEGAL AND REGULATORY FRAMEWORK IN LIBERIA Ibrahim Fofana ABSTRACT There is no specific regulation or legislative framework for Islamic microfinance operations in Liberia. This is largely due to the non- application of Islamic laws in the country, despite the increasing economic strength of Muslims in the country. This article aims to examine whether the existing laws in Liberia permit the establishment and operation of Islamic microfinance. The research employed a qualitative analytical approach, which examines legal and regulatory framework for the microfinance sector in Liberia. The materials and data which include related laws were collected, and analysed inductively to suit the needs of the research. This article argues that, the existing laws including the Liberian constitution and other relevant financial regulations such as, the Central Bank of Liberia Act of 1999, the New Financial Institutions Act of 1999 and the Microfinance Policy and Regulatory & Supervisory Framework for Liberia (MPRSFL) have no objection to the introduction of Islamic microfinance in the country. This research is a first to appraise critically some relevant laws on the legal framework of microfinance in Liberia and its relevance to Islamic microfinance. The Financial Institutions Act of 1999 confers on the Central Bank of Liberia the powers to regulate and supervise all financial institutions in the country, including the microfinance providers. The article concludes that the stakeholders need to continue supporting the microfinance sector, including Islamic microfinance in Liberia by building an appropriate legal ecosystem that providing for a smooth running of microfinance programmes in the country.
    [Show full text]
  • Rwanda Economic Update
    Public DisclosureRwand aAuthorized's Financial Sector AssePublicts, Rw Disclosuref billion Authorized Public Disclosure Authorized Public Disclosure Authorized 2 1 1 , , , 0 5 0 5 0 0 0 0 0 0 0 0 0 2 0 0 6 The Role of a Deeper and More Diversified Financial Sector Financing Development 2 0 June 2015|EditionNo.8 1 3 $41 1960 G D P p e 97842-RW r 2000 C $207 a p i t a 2013 $639 Rwanda Economic Update Financing Development The Role of a Deeper and More Diversified Financial Sector TABLE OF CONTENTS Abbreviations and Acronyms ....................................................................................................................................... i Foreword ........................................................................................................................................................................ ii Overview ........................................................................................................................................................................ iv Part 1: Recent Economic Developments and Prospects ............................................................................................ 1 1.1. Introduction ........................................................................................................................................................ 2 1.2. Real Sector ......................................................................................................................................................... 4 1.3. External Sector ..................................................................................................................................................
    [Show full text]
  • JOB VACANCY ANNOUNCEMENT Accessbank Liberia Limited (ABL
    JOB VACANCY ANNOUNCEMENT AccessBank Liberia Limited (ABL) is a fully-fledged commercial bank, offering in a transparent, professional and sustainable way appropriate financial services to the general lower and middle income strata of the Liberian population with special focus on micro and small entrepreneurs. Our shareholders are multinational entities including AccessHolding, International Finance Corporation (IFC), African Development Bank and European Investment Bank. AccessBank Liberia is currently looking for qualified Liberian to fill the position of: Application Officer Main Responsibilities The Application Administrator shall work as a strategic support staff to the IT Department and be responsible to aid the IT Manager in ensuring that ABL application systems are maintained, available, secured and performance and standard deployment are in line with the Bank standards. Planning, deploying, configuring and maintaining ABL applications and E-banking platform; . Deploying and maintaining ABL electronic channels. Installs, manage and administers database servers and Systems such as MSSQL, MySQL etc. Manages and support the Core Banking Application (myMBS) . Ensure regular database backup, storage, and recovery at all times. Ensure database design, installation requirements and deployment. Assist in conduction training for end user on the use of core banking application (myMBS) and other applications and provide information on resolving problems. Maintains application performance by calculating optimum values for applications parameters; implementing new releases; completing maintenance requirements; . Conducting server patch management on the application servers, Installs new banking software modules, updates or fixes (planning, local testing and in case of new functionalities, train the trainer) . Develop customize reports and basic applications. Function as second level support for questions related to the business functionality of the banking system .
    [Show full text]
  • AB Bank Zambia Limited
    AB Bank Zambia Limited Funding for portfolio expansion and increased outreach ZAMBIA The microfinance bank AB Bank Zambia Limited (ABZ) offers a range of loans and savings products to micro, small and medium enterprises, and low to middle-income clients. ABZ is a subsidiary of AccessHolding, which is based in Germany. The AccessHolding group consists of ten financial institutions in Sub-Saharan Africa, Central Asia, the Caucasus and South America. ABZ was established in 2010 and operates under the supervision of the Bank of Zambia. Its mission is to be a leading financial services provider in the micro and small enterprise sector. ABZ's business model is founded on the principles of accessible, transparent and high-quality financial services. Staff are trained to focus on customer-oriented services. ABZ currently operates a network of seven branches in Zambia (2016). The bank is a leading example in Zambia in terms of social performance management and environmental management.AB Bank Zambia Limited has been an Oikocredit partner since 2016. Partner info FACTS SOCIAL PERFORMANCE Loan of 40,000,000 ZMW Number of clients 14,879 Sector Financial services Female clients 53.0% Website www.abbank.co.zm Rural clients 2.0% Last synced with latest available data on: June 24, 2021 Oikocredit international I: www.oikocredit.coop E: This document was produced by Oikocredit, Ecumenical Development Cooperative Society U.A. (Oikocredit International) with the greatest of care and to the best of its knowledge and belief at the time of writing. Oikocredit International provides no guarantee with regard to its content and completeness and does not accept any liability for losses which might arise from making use of this information.
    [Show full text]
  • Career Opportunity
    CAREER OPPORTUNITY AB Bank Rwanda Limited has been operating in Rwanda since January 2014. It is a member of an international network of commercial banks providing banking services to micro, small and medium-sized enterprises and private individuals in Africa, Asia and Latin America. Since the start of operations, AB Bank Rwanda has been growing remarkably in number of clients and staff. To further facilitate the growth of our client base and branch network we are now seeking motivated professionals to join us. With this in mind, applicants will need to demonstrate willingness to: • Find solutions for challenges in a changing market and work environment • Contribute to the growth of the bank • Understanding excellent customer service We are now seeking staff for the following position: I Job Description Overall Job Function Bring institution’s information security risks under explicit management control through the establishment and implementation of the Information Security Management System (ISMS). JOB TITLE: INFORMATION SECURITY OFFICER (ISO) LOCATION: KIGALI, RWANDA DEPARTMENT: IT START DATE: DD/MM/201Y POSITION HELD BY: FIRST NAME, SECOND NAME SUPERVISES: NONE AB INFORMATION SECURITY COMMITTEE & AH REPORTS TO: DEPUTIZED BY: NONE INFORMATION SECURITY MANAGER Key Responsibilities People Competencies • • Ability to communicate effectively with colleagues in various business project plan within given time- and budget limits; disciplines and IT regarding technical and business banking issues in English • Leading of formal approval process
    [Show full text]
  • Impact Investing in West Africa
    Impact investing in West Africa COPENHAGEN | DAKAR | GENEVA | JOHANNESBURG | MUMBAI | NAIROBI | NEW YORK | SANTIAGO | SAN FRANCISCO | WASHINGTON DC Supported by Acknowledgements This report was made possible thanks to the generous contributions of time and expert knowledge from many individuals and organisations. The Advisory Team provided invaluable insights, guidance and support throughout the preparation of this report. In addition, special thanks goes to all the individuals that took part in the interviews and attended the impact investing workshops in Senegal, Ghana and Nigeria in March 2011. Through the interviews and the workshops, a wealth of experience, understanding and data was shared on impact investing activities in West Africa. We would also like to thank Jenny Everett of the Aspen Network of Development Entrepreneurs, Oliver Karius of LGT Venture Philanthropy, and our colleagues at Dalberg, Peter Tynan and Andrew Stern, who also contributed their time and energy. Any errors or omissions in the report are the responsibility of the Editorial Team. Advisory Team Margot Brandenburg, The Rockefeller Giselle Leung, The Global Impact Investing Foundation, New York Network, New York Justina Lai, The Rockefeller Foundation, Jacob Samuelson, The Global Impact New York Investing Network, New York Wiebe Boer, The Tony Elumelu Foundation, Laurie Rud, The Global Impact Investing Lagos Network, New York Amit Bouri, The Global Impact Investing Stephen Nairne, Lundin for Africa, Network, New York Vancouver Sapna Shah, The Global Impact Investing Network, New York Dalberg Editorial Team Madjiguene Sock, Dakar Afua Sarkodie‐Kupka, Dakar Angela Hansen, Johannesburg Daniela Nwaobasi, Dakar Liesbet Peeters, London Abdourahmane Diop, Dakar Susanne Normark Christensen, Copenhagen Table of contents Executive summary .....................................................................................................................
    [Show full text]