Micro loans now up to NGN 3 million in AB Microfinance Bank

AB Microfinance Bank clients and potential clients can now access loans up to NGN 3 million in the micro loan category. The decision by management for the upward review stems from the need to provide better services to their customers in line with the bank’s vision and mission.

For more details, click here or visit any of our branch offices close to you.

AB Microfinance Bank extends her housing loan facilities to salary earners.

As part of the bank’s commitment to support and close affordable housing gap in Nigeria, the bank has now introduced her Housing Loan facility for salary earners (those in paid employment) to finance the constructions of their own homes and realize their dreams of becoming “HOUSE OWNERS” with ease.

The process is simple, fast and convenient;

  • Be a confirmed employee of any organization with all relevant documentations.
  • Other flexible requirements

Visit any of our branch offices close to you for more details or call: 09024969264.

myAB-POS, the new e-channel solution for ABN client

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myAB-POS, the new e-channel solution for ABN client

AB Microfinance Bank (ABN) has again proven its leadership position in E-channels with the introduction of ABN-branded Point of Sale (myAB-POS) terminals, the first within the Microfinance space.

Following the need to improve efficiency for our clients, deliver better customer service and to gradually reduce cash operations, ABN has introduced myAB-PoS for merchants to its clients. Since its deployment, PoS transactions have been on the continuous increase. This means that the product acceptance is positive.

With myAB-POS the Bank seeks to strengthen the relationship with her customers, by providing a seamless, safe and secure payment platform as against the conventional cash handling. .
Unlike any other POS subscription you already know, myAB-POS is coming to her client at a pocket friendly transaction fees.

Allowing even the smallest business to easily track and analyze sales and trends in their businesses, as all sales are automatically captured and remitted into client account within 24hours.
It is suitable for all businesses (big or small) to collect cash in the safest way possible.
Why not visit us today for myAB-POS subscription.

Online Client Registration

As part of innovative process to make banking experience seamless and time saving, AB Microfinance Bank has positioned its’ services within the reach of all interested customers. You can now open an ABN account at the comfort of your home and offices, and start operating the account via the steps below;

  • Click here
  • Fund your account via any of the means listed here;
With the above, you are saved from the hassles of visiting a bank to open an account. Open, fund, transact and make withdrawals with fewer visits to the banking hall of ABN.

Online Loan Application

Business funding and housing needs for business owners is now easy as ABC; with the following steps, which you can start while relaxing on your sofa. Start your loan application here:

The good thing is, you do not need to worry about time to be spent visiting our bank for repayment as that can be done from anywhere in the country through other banks or via Mobile Banking transfers.
Click here for details.
AB Microfinance Bank………………………………………………….Your Access to Possibilities.

AB Microfinance Bank Nigeria rated among best 100 companies to work

AB Microfinance Bank Nigeria was recently rated as one of the best 100 companies to work for in 2018 by jobberman, an acclaimed West Africa’s most popular job search engine, which did an independent survey with recipients on its database as well as with other employees.
The bank was rated among other big brands such as UBA plc, KPMG, MTN and etc. for more information visit: Click here

AB Microfinance bank introduces the Client Scoring System (CSM)

In a tandem partnership between business and technology, ABN is proud to introduce the client scoring management (CSM) solution, which is one of the innovative initiatives available on “myABstream” platform.
For close to 10 years of micro lending operations in Nigeria with manual assessments of our clients’ (as well as potential clients) businesses, homes and guarantors to determine their credit worthiness, ABN has finally introduced an efficient tool called “Credit Scoring” to minimize manual processes in our micro lending activities.
Credit scoring is the process of getting a credit score. A credit score is a numerical expression based on a level analysis of a person's credit files, to represent the creditworthiness of an individual.
With the introduction of Credit scoring for repeat loans, ABN loan officers do not need to go through the rigors of repeated assessments with good repeat clients. ABN repeat clients only need to have good credit profile with the bank and other financial institutions.
The CSM solution automatically processes and scores a loan application entered in the core banking software and delivers a recommendation for credit decision almost instantly.
CSM has eradicated the disadvantages of the manual process and empowers the business with shorter time-to-market, enhanced efficiency/productivity, operational flexibility, business agility and better customer satisfaction.
This is the fastest time-to-market in Nigeria till date.
As an innovative bank, ABN is truly committed to delivering an awesome customer experience to all her clients.