ACCION Microfinance Bank
Nigeria
Founded in
2006 (20 Years)
Founded
Last online: No recent activity
OVERALL SCORE
Others
3/10
Reviews
50/90
15 reviews
Provided by TrustFinance
OVERALL SCORE
Others
3/10
Reviews
50/90
15 reviews
Provided by TrustFinance
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Security Information
Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know ACCION Microfinance Bank
Company Information
Get to know ACCION Microfinance Bank
Established in 2007 and licensed by the Central Bank of Nigeria, Accion Microfinance Bank (Accion MfB) has a mission to economically empower micro-entrepreneurs and low-income individuals by providing accessible and sustainable financial services. The bank is a part of the global Accion network, an international non-profit organization focused on microfinance and financial inclusion. Accion MfB offers a range of products including savings, loans, micro-insurance, and digital banking solutions tailored to the needs of its target market in Nigeria.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Financial Payment
Contact
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Social
Reviews
Highlight Review
Review Analytic
Echo
Direct
Great
Overall Thought
Accion Microfinance Bank has been an absolute groundbreaker for me! Their commitment to financial inclusion is truly remarkable. I couldn't be happier with the product and services offered by Accion Microfinance Bank. They've made my financial journey smooth and convenient, and I'm highly satisfied with their commitment to financial inclusion.
Agt 26, 2023
Nathan Jacob
Direct
Excellent
Overall Thought
This micro financial bank is one of the leading in Nigeria with very low interest for borrowers with a fast working banking network that I actually enjoy most time They are very reliable a overdraft financing coming in Nigeria and are highly recommended
Agt 16, 2023
A
neodoctortask11
Direct
Excellent
Overall Thought
Accion Microfinance Bank Limited is a reliable and customer-focused platform that exceeds expectations in every aspect. From their exceptional customer service and extensive product offerings to transparent fee structures, user-friendly interface, and strong security measures, they have truly earned my 5-star rating. I wholeheartedly recommend this platform to anyone in need of reliable microfinance banking services in Nigeria.
Jul 26, 2023
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