AB Bank Zambia Limited - Funding for portfolio expansion and increased outreach
AB Bank Zambia Limited
Funding for portfolio expansion and increased outreach
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.