The Company

Accion Microfinance Bank Limited was incorporated in May 2006 to carry on microfinance banking business and was granted an operating license by the Central Bank of Nigeria in April, 2007.  Accion commenced business operations in May 2006. 

Our management team comprises seasoned and distinguished professionals from diverse backgrounds.  Our management team is ably complemented by the expertise of our technical partners, ACCION International. 

At Accion Microfinance Bank, our core values, business philosophy and methodology make us standout as a leading Microfinance Bank in Nigeria.

As a part of our strategic approach, ACCION Microfinance Bank Limited commenced its pilot programme (market testing) in April 2007 for six months. 

During this period, the entire processes and procedures peculiar to marketing environment in Nigeria were tested.  The end of the pilot program marked the official opening of the bank and commencement of full marketing activities. 

On commencement, operations were carried out from our corporate head office at: Fabac Centre, 3b Ligali Ayorinde Street, Victoria Island, Lagos and the first branch at 7 Sanusi Olusi Street, Oke-Arin, Lagos.  The bank was programmed to grow organically from its first branch at Oke-Arin to cover all parts of the state.

In the next few years, what you see evolve from a single branch microfinance institution will produce a mega bank providing finance to millions of micro enterprises and increasing their income thereby enabling our clients say with conviction "My future is bright".