Where is AB Microfinance Bank Nigeria coming from?
AB Microfinance Bank Nigeria is a part of an international network of microfinance banks. Our partner banks are all over the African and Asian continents, including such countries as Liberia, Tanzania, Azebaijan, Madagascar and, soon Tajikistan, Zambia and Brazil. We are a subsidiary of Access Microfinance Holding in Berlin. Why are you coming into the market at this point? Don’t you think the microfinance sector is saturated? I think the market is far from saturated, we have been looking at the Nigerian market for some years, but due to consolidation in the commercial banking sector, our investor were held back, but as it is, we are here now and are set to provide exceptional services. Given the retail nature of microfinance banking, tapping into the market could be most challenging. How is AB Microfinance Bank Nigeria bracing up for these challenges? Talking about competition and challenges; every industry experiences competition and has its fair share of challenges. You could be rig
