News

News

Fitch Affirms AccessBank’s BB+ Rating
Baku - Fitch Ratings has again affirmed its ratings for AccessBank without any changes. AccessBank‟s Long-term foreign currency Issuer Default Rating (IDR) was confirmed at 'BB+' with „Outlook Stable‟ – the highest among Azerbaijan‟s financial institutions. The Short-term IDR was affirmed at „B‟, the Viability Rating at „b+‟, and the Support Rating at „3‟. AccessBank has maintained this rating since it was first rated by Fitch in 2008 and the stability of this rating through the financial turmoil of recent years is a testimony to the strength of AccessBank.
Read more		 02.02.2012
AccessBank Receives USD 15 mln from EFSE
Baku - Today AccessBank announced that it has received a loan from the European Fund for Southeast Europe (EFSE) in the amount of USD 15 million. This loan is being extended for a five-year maturity and will be disbursed in two tranches. The Bank has already received the first tranche of USD 7,5 million. The second tranche is scheduled to be disbursed in February 2012.
Read more		 26.01.2012
AccessBank Disburses 500,000th Loan
Baku - Today AccessBank (“Bank”) announced the disbursement of its 500,000th loan since opening in 2002. It is one of the highest indicators among Azerbaijan’s private banks. In total, since the establishment of the Bank in 2002, over USD 1.75 billion has been disbursed to more than 250,000 customers.
Read more		 23.12.2011
AB Bank Zambia Awarded at Bankers' Ball
Lusaka - AB Bank Zambia was given an award in recognition of the launch of tailor made microfinance products by a commercial bank at a Banker’s Ball which was hosted by the Bankers' Association of Zambia on Wednesday the 16th of November 2011.
Read more		 05.12.2011
AccessBank wins «Bank of the Year» from The Banker
Baku - Today AccessBank announced that it was presented with «The Bank of the Year in Azerbaijan» Award at The Banker Magazine’s «Bank of the Year» Awards ceremony, held in London on November 30. The annual awards are regarded as one of the key events in the financial world.
Read more		 02.12.2011
AB Bank Zambia Opened its first Branch
Lusaka - AB Bank Zambia Ltd. is the newest commercial microfinance bank in the Access Microfinance Holding Network whose main target are the micro, small and medium-sized entrepreneurs (MSME’s) as well as the low-income earners.
Read more		 03.11.2011
AccessBank and AFFA Support Football Participation
Baku - AccessBank together with the Association of Football Federations of Azerbaijan (AFFA) have installed a mobile football pitch in the regional cities of Gandja, Mingachevir and Imishly.
Read more		 02.11.2011