Established in 2007, Accion Microfinance Bank has a mission, “to economically empower micro-entrepreneurs and low-income earners by providing financial services in a sustainable, ethical and profitable manner.” The bank which has a license to operate nationally in Nigeria, has an extensive branch network where customers have easy access to various products and services that include savings, loans, micro-insurance and e-commerce.
Accion Microfinance Bank has solid shareholder investments from three major banks – Ecobank, Zenith Bank and Citi Bank - as well as International Finance Corporation, a member of the World Bank and Accion Investments - all of which contribute to its strong financial base and allow it to service an ever-increasing number of customers. The bank’s corporate social responsibility focuses on education, in which donations of educational materials and supplies are made to pupils of public primary schools.
Accion Microfinance Bank has won several awards including the EFInA Award for the financial service provider that has deepened financial inclusion in Nigeria, the Lagos State Enterprise (LEAD) award for Best Microfinance Bank in Lagos State multiple times, and the LEAD Centenary MFB of the Year, for its impact on socio-economic development, contributions to sustainable development, and its commitment to financial inclusion in Nigeria.
