AccessBank Azerbaijan

[1] AccessBank, formerly known as the Micro Finance Bank of Azerbaijan (AMMB),[2] is a financial institution established on October 29, 2002.

Moreover, it receives the first non-shareholder refinancing loans from Global Microfinance Facility, Blue Orchard, Deutsche Bank, Incofin, and Triodos.

Subsequently, in 2005, AccessBank inaugurated its term deposit services and became a member of international financial networks including SWIFT, Western Union, and PrivatMoney.

Additionally, it obtained its first non-shareholder refinancing loans from institutions such as the Global Microfinance Facility, Blue Orchard, Deutsche Bank, Incofin, and Triodos.

Subsequent expansions occurred from 2006 onwards, encompassing the introduction of deposit products, retail lending, credit cards, and the establishment of ATM infrastructure.

[8] Notable initiatives include the issuance of VISA debit cards starting September 2008, alongside payroll projects facilitating direct salary payments and the installation of POS terminals and off-branch ATMs.

Noteworthy financial milestones include securing credit agreements and surpassing the 1 billion mark in the deposit portfolio.