List of AB Microfinance Bank Branches in Nigeria


AB Microfinance Bank Nigeria is a budding Microfinance bank gaining popularity in the Nigerian financial sector. AB Microfinance bank offers Nigerian entrepreneurs and business owners an opportunity to get access to loans in a quick, transparent and efficient environment.

AB Microfinance was established in 2006. The bank is owned by an international group of private and public investors who focus on investing in developing and emerging economies. AB Microfinance Bank stands out due to its expertise and international standards which helps to assure customers of quality service and delivery. With AB Microfinance banks, Nigerians can find loans ranging from N15, 000 to N3 million with a maximum maturity of 18 months.

List of AB Microfinance Bank Branches in Nigeria

 Features of AB Microfinance Loans

  •  AB Microfinance loans do not require mandatory deposits or savings
  • AB Microfinance loans do not require cash collateral required.
  • AB Microfinance loans do not require audited financial statements
  • AB Microfinance loans have flexible collateral arrangements which all depends on the loan size (Collateral used includes household goods, business equipment, goods in stock, vehicles, property, etc.)
  •  AB Microfinance loans have flexible documentation requirements.
  •  Long-standing clients of AB Microfinance loans who have flawless repayment record are qualified for successive interest rate, better discounts and faster loan processes.
  •  AB Microfinance bank does not operate using borrower groups. Anyone who takes a loan takes full responsibility for his or her loan.
  •  AB Microfinance bank provides free SMS Reminder for monthly repayments

AB Microfinance bank loan products

Below is the range of loan products made available by AB Microfinance Bank

AB Business Flexi- N15, 000- N100, 000 with an interest of 6.6%

AB Business Plus– N100, 001 – N500, 000 with an interest of 6.1%

AB Business Max-

N500, 001 – N1, 000,000 with an interest rate of 5.7%

AB Business Max Plus I- N1, 000,000 with an interest of 5.2%-

AB Business Max Plus II- N2, 000,001 – N3, 000,000 with an interest rate of 5.0%

All applications go through a site assessment before it is decided if customers would be given a loan.

SME Loans

Owners of small and businesses who wish to borrow from AB Microfinance bank do not need to have saved any money with AB Microfinance Bank before the loan application. AB Microfinance bank does not support forced savings. The only requirement for loans is an existing, viable business.

However, the major factor which sets AB Microfinance Bank apart from other banks is the ease of accessing loans and the efficiency of loan processes. Documentation and collateral requirements for loans at AB Microfinance bank are significantly more flexible than in any other institution in the Nigerian banking sector. The processing time is also the shortest available.

AB Microfinance bank SME loans product

SME Business Loan (for new clients)– N3,000,001 – N10,000,000 with an interest of 3.0% – 4.7%

1% of Disbursed Amount is paid as a one-off charge (Disbursement Fee)

Below are features of the AB Microfinance loans

  • You can access loans from NGN3,000,001 to NGN20,000,000 for your existing business
  • AB Microfinance bank offers competitive Interest Rate starting from 3.0% monthly (all based on reducing balance)
  • 1.0% of the loan is paid as disbursement fee on the amount borrowed
  • The maturity period of the loan is from 6 to 24 months with equal monthly instalments
  • There is a wide range of collateral items accepted
  • Upon submission of all required documents, loan disbursement is made within a week

AB Microfinance Bank Housing Loan

  • The bank offers housing loan without equity contribution
  • You do not need to have compulsorily saved with AB Microfinance bank before you can access a loan
  • The bank offers free expertise on house design
  • A Housing loan from AB Microfinance bank grants access to quality and cheaper building materials from retailers

Housing Loan (For Business owners & Salary Earners) 

N300,000 – N1,000,000 with an interest of 5.5%

N1,000,001 – N3,000,000 with an interest of 5.0%

1% of the disbursed amount is paid for disbursement fee as a one-off charge

AB Microfinance bank is not only open to businesses but also individuals.

Features of AB Microfinance Bank account:

  •  No maintenance fee
  •  Funds Transfer to any commercial bank in Nigeria
  •  Internal transfers free of charge
  •  Encashment of cheques
  •  Standing order transfers/payments
  •  Free statement of account
  •  Transparent transaction
  •  SMS Alert services

 AB Term Deposit Account

AB Term Deposit Account (TDA) is a product of AB Microfinance bank that allows you to fix your money for a certain period and gain attractive interest rates.

  • The minimum amount to save is N30,000
  •  Competitive interest rates
  •  Maturity 30 – 360 days

AB Savings Account

AB Savings Account comes with competitive interest rates. You can also withdraw your funds at any time without paying a forfeiture interest. The account may be owned by an individual, an organization or a corporation.

  •  Simple account opening process
  •  Attractive interest rates
  •  Free statement of account (on request)
  •  SMS Alert services

AB Term Deposit Account 

With the AB Term Deposit Account, you can fix your money for a chosen period and gain attractive interest rates.

Requirements of AB Term Deposit Account

  •  A minimum amount of N30,000
  •  Competitive interest rates
  •  Maturity 30 – 360 days

This article covers all AB Microfinance bank branches in the country.

List of AB Microfinance Bank Branches in Nigeria

Read on below:

Head Office

Number 28, Akintoye Shogunle Street, Ikeja, Lagos

Ikeja branch

Number 11, Oba Akran Avenue, Ikeja, Lagos


Oshodi branch

Number 12 Oshodi-Apapa Expressway, beside Oshodi Oke Bus Stop, Lagos


Ipaja branch

Number 319 Ipaja Road, Opposite Government College, Iyana-Ipaja, Lagos


Surulere branch

Number 29B Itire Road, Surulere, Lagos


Ketu branch

Number 56 Ikosi Road, Ketu, Lagos


Apapa branch

Number 74, Mobil Road, Ajegunle, Apapa


Alaba branch

Number 20/22 Ojo-Igbede Road at Chemist Bus Stop, Alaba Int’l. Market


Trade fair branch

Zone D4 Aspamda Plaza at Trade Fair Complex, Badagry Expressway, Lagos State.


Lagos Island branch

Number 26, Idumagbo Avenue, Lagos Island


Volks branch

Number 179, Lagos Badagry Expressway at Volks Bus Stop, Lagos


Bariga branch 

Number 72, St.Finbars Road, By Chemist Bust Stop, Akoka Lagos


Oke Arin branch

No 18, Ijaiye Street, Idumota, Oke Arin Market, Lagos


Ikorodu branch

Number 75, Ipakodo Road at Ebute, Ikorodu Lagos


Ikotun branch

Number 26, Isolo Egbe Road at Ikotun, Lagos


Dugbe branch

Rational Building, Number 22, Oke Bola Road, Dugbe, Ibadan


Gbagi branch

Lamlat Shopping Complex at New Gbagi Market Road, Ibadan


Bodija branch

Block A6, IBNLG Ultra Modern Shopping Complex at Bodija, Ibadan


Abeokuta branch

Number 15, Lalubu road, Oke Ilewo, Abeokuta, Ogun State


Ota branch

Number 129, Idi Iroko Road, Ota, Ogun State


Aruna branch

Number 132A, Aruna Bus stop, Lagos Road, Ikorodu


Ajah branch

Lekki-Epe express road, Km 22 at The King of the universe plaza at Ilaje bus stop, Ajah


Ijebu-ode branch

Number 198, Folagbade Street, Along Ibadan Road, Ijebu-Ode


Akure branch

Number 220, Oyemekun Road at Akure, Ondo State


Onitsha branch

Number 41, New Market Road Onitsha, Anambra State





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