{"id":292014,"date":"2020-12-03T10:40:27","date_gmt":"2020-12-03T09:40:27","guid":{"rendered":"https:\/\/nigerianfinder.com\/?p=292014"},"modified":"2020-12-03T10:40:27","modified_gmt":"2020-12-03T09:40:27","slug":"list-of-ab-microfinance-bank-branches-in-nigeria","status":"publish","type":"post","link":"https:\/\/nigerianfinder.com\/list-of-ab-microfinance-bank-branches-in-nigeria\/","title":{"rendered":"List of AB Microfinance Bank Branches in Nigeria"},"content":{"rendered":"<p>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.<\/p>\n<p>AB Microfinance was\u00a0established\u00a0in 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.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-292016\" src=\"https:\/\/nigerianfinder.com\/wp-content\/uploads\/2020\/12\/List-of-AB-Microfinance-Bank-Branches-in-Nigeria.png\" alt=\"List of AB Microfinance Bank Branches in Nigeria\" width=\"369\" height=\"136\" \/><\/p>\n<h3><strong>\u00a0<\/strong><strong>Features of AB Microfinance Loans<\/strong><\/h3>\n<ul>\n<li>\u00a0AB Microfinance loans do not require mandatory deposits or savings<\/li>\n<li>AB Microfinance loans do not require cash collateral required.<\/li>\n<li>AB Microfinance loans do not require audited financial statements<\/li>\n<li>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.)<\/li>\n<li>\u00a0AB Microfinance loans have flexible documentation requirements.<\/li>\n<li>\u00a0Long-standing clients of AB Microfinance loans who have flawless repayment record are qualified for successive interest rate, better discounts and faster loan processes.<\/li>\n<li>\u00a0AB Microfinance bank does not operate using borrower groups. Anyone who takes a loan takes full responsibility for his or her loan.<\/li>\n<li>\u00a0AB Microfinance bank provides free SMS Reminder for monthly repayments<\/li>\n<\/ul>\n<p>AB Microfinance bank loan products<\/p>\n<p>Below is the range of loan products made available by AB Microfinance Bank<\/p>\n<p>AB Business Flexi- N15, 000- N100, 000 with an interest of 6.6%<\/p>\n<p>AB Business Plus<strong>&#8211;\u00a0<\/strong>N100, 001 \u2013 N500, 000 with an interest of 6.1%<\/p>\n<p>AB Business Max-<\/p>\n<p>N500, 001 \u2013 N1, 000,000 with an interest rate of 5.7%<\/p>\n<p>AB Business Max Plus I- N1, 000,000 with an interest of<strong>\u00a0<\/strong>5.2%-<\/p>\n<p>AB Business Max Plus II-<strong>\u00a0<\/strong>N2, 000,001 \u2013 N3, 000,000 with an interest rate of 5.0%<\/p>\n<p>All applications go through a site assessment before it is decided if customers would be given a loan.<\/p>\n<h3><strong>SME Loans<\/strong><\/h3>\n<p>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.<\/p>\n<p>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.<\/p>\n<p>AB Microfinance bank SME loans product<\/p>\n<p>SME Business Loan (for new clients)<strong>&#8211;\u00a0<\/strong>N3,000,001 &#8211; N10,000,000 with an interest of 3.0% &#8211; 4.7%<\/p>\n<p>1% of Disbursed Amount is paid as a one-off charge (Disbursement Fee)<\/p>\n<p>Below are features of the AB Microfinance loans<\/p>\n<ul>\n<li>You can access loans from NGN3,000,001 to NGN20,000,000 for your existing business<\/li>\n<li>AB Microfinance bank offers competitive Interest Rate starting from 3.0% monthly (all based on reducing balance)<\/li>\n<li>1.0% of the loan is paid as disbursement fee on the amount borrowed<\/li>\n<li>The maturity period of the loan is from 6 to 24 months with equal monthly instalments<\/li>\n<li>There is a wide range of collateral items accepted<\/li>\n<li>Upon submission of all required documents, loan disbursement is made within a week<\/li>\n<\/ul>\n<h3><strong>AB Microfinance Bank Housing Loan<\/strong><\/h3>\n<ul>\n<li>The bank offers housing loan without equity contribution<\/li>\n<li>You do not need to have compulsorily saved with AB Microfinance bank before you can access a loan<\/li>\n<li>The bank offers free expertise on house design<\/li>\n<li>A Housing loan from AB Microfinance bank grants access to quality and cheaper building materials from retailers<\/li>\n<\/ul>\n<h3><strong>Housing Loan (For Business owners &amp; Salary Earners)\u00a0<\/strong><\/h3>\n<p>N300,000 &#8211; N1,000,000 with an interest of 5.5%<\/p>\n<p>N1,000,001 &#8211; N3,000,000 with an interest of 5.0%<\/p>\n<p>1% of the disbursed amount is paid for disbursement fee as a one-off charge<\/p>\n<p>AB Microfinance bank is not only open to businesses but also individuals.<\/p>\n<p>Features of AB Microfinance Bank account:<\/p>\n<ul>\n<li>\u00a0No maintenance fee<\/li>\n<li>\u00a0Funds Transfer to any commercial bank in Nigeria<\/li>\n<li>\u00a0Internal transfers free of charge<\/li>\n<li>\u00a0Encashment of cheques<\/li>\n<li>\u00a0Standing order transfers\/payments<\/li>\n<li>\u00a0Free statement of account<\/li>\n<li>\u00a0Transparent transaction<\/li>\n<li>\u00a0SMS Alert services<\/li>\n<\/ul>\n<h3>\u00a0AB Term Deposit Account<\/h3>\n<p>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.<\/p>\n<ul>\n<li>The minimum amount to save is N30,000<\/li>\n<li>\u00a0Competitive interest rates<\/li>\n<li>\u00a0Maturity 30 &#8211; 360 days<\/li>\n<\/ul>\n<h3><strong>AB Savings Account<\/strong><\/h3>\n<p>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.<\/p>\n<ul>\n<li>\u00a0Simple account opening process<\/li>\n<li>\u00a0Attractive interest rates<\/li>\n<li>\u00a0Free statement of account (on request)<\/li>\n<li>\u00a0SMS Alert services<\/li>\n<\/ul>\n<h3><strong>AB Term Deposit Account\u00a0<\/strong><\/h3>\n<p>With the AB Term Deposit Account, you can fix your money for a chosen period and gain attractive interest rates.<\/p>\n<p>Requirements of AB Term Deposit Account<\/p>\n<ul>\n<li>\u00a0A minimum amount of N30,000<\/li>\n<li>\u00a0Competitive interest rates<\/li>\n<li>\u00a0Maturity 30 &#8211; 360 days<\/li>\n<\/ul>\n<p>This article covers all AB Microfinance bank branches in the country.<\/p>\n<h2>List of AB Microfinance Bank Branches in Nigeria<\/h2>\n<p>Read on below:<\/p>\n<p><strong>Head Office<\/strong><\/p>\n<p>Number 28, Akintoye Shogunle Street, Ikeja, Lagos<\/p>\n<p><strong>Ikeja branch<\/strong><\/p>\n<p>Number 11, Oba Akran Avenue, Ikeja, Lagos<\/p>\n<p>09024969355<\/p>\n<p><strong>Oshodi branch<\/strong><\/p>\n<p>Number 12 Oshodi-Apapa Expressway, beside Oshodi Oke Bus Stop, Lagos<\/p>\n<p>09024969626<\/p>\n<p><strong>Ipaja branch<\/strong><\/p>\n<p>Number 319 Ipaja Road, Opposite Government College, Iyana-Ipaja, Lagos<\/p>\n<p>09024969460<\/p>\n<p><strong>Surulere branch<\/strong><\/p>\n<p>Number 29B Itire Road, Surulere, Lagos<\/p>\n<p>09024969678<\/p>\n<p><strong>Ketu branch<\/strong><\/p>\n<p>Number 56 Ikosi Road, Ketu, Lagos<\/p>\n<p>09024969502<\/p>\n<p><strong>Apapa branch<\/strong><\/p>\n<p>Number 74, Mobil Road, Ajegunle, Apapa<\/p>\n<p>09024969098<\/p>\n<p><strong>Alaba branch<\/strong><\/p>\n<p>Number 20\/22 Ojo-Igbede Road at Chemist Bus Stop, Alaba Int&#8217;l. Market<\/p>\n<p>09024969048<\/p>\n<p><strong>Trade fair branch<\/strong><\/p>\n<p>Zone D4 Aspamda Plaza at Trade Fair Complex, Badagry Expressway, Lagos State.<\/p>\n<p>09024969696009<\/p>\n<p><strong>Lagos Island branch<\/strong><\/p>\n<p>Number 26, Idumagbo Avenue, Lagos Island<\/p>\n<p>09024969534<\/p>\n<p><strong>Volks branch<\/strong><\/p>\n<p>Number 179, Lagos Badagry Expressway at Volks Bus Stop, Lagos<\/p>\n<p>09024969768<\/p>\n<p><strong>Bariga branch\u00a0<\/strong><\/p>\n<p>Number 72, St.Finbars Road, By Chemist Bust Stop, Akoka Lagos<\/p>\n<p>09024969145<\/p>\n<p><strong>Oke Arin branch<\/strong><\/p>\n<p>No 18, Ijaiye Street, Idumota, Oke Arin Market, Lagos<\/p>\n<p>09024969574<\/p>\n<p><strong>Ikorodu branch<\/strong><\/p>\n<p>Number 75, Ipakodo Road at Ebute, Ikorodu Lagos<\/p>\n<p>09024969392<\/p>\n<p><strong>Ikotun branch<\/strong><\/p>\n<p>Number 26, Isolo Egbe Road at Ikotun, Lagos<\/p>\n<p>09024969419<\/p>\n<p><strong>Dugbe branch<\/strong><\/p>\n<p>Rational Building, Number 22, Oke Bola Road, Dugbe, Ibadan<\/p>\n<p>09024969299<\/p>\n<p><strong>Gbagi branch<\/strong><\/p>\n<p>Lamlat Shopping Complex at New Gbagi Market Road, Ibadan<\/p>\n<p>09024969199017<\/p>\n<p><strong>Bodija branch<\/strong><\/p>\n<p>Block A6, IBNLG Ultra Modern Shopping Complex at Bodija, Ibadan<\/p>\n<p>09024970065018<\/p>\n<p><strong>Abeokuta branch<\/strong><\/p>\n<p>Number 15, Lalubu road, Oke Ilewo, Abeokuta, Ogun State<\/p>\n<p>09024970068<\/p>\n<p><strong>Ota branch<\/strong><\/p>\n<p>Number 129, Idi Iroko Road, Ota, Ogun State<\/p>\n<p>09024970067<\/p>\n<p><strong>Aruna branch<\/strong><\/p>\n<p>Number 132A, Aruna Bus stop, Lagos Road, Ikorodu<\/p>\n<p>09024970069<\/p>\n<p><strong>Ajah branch<\/strong><\/p>\n<p>Lekki-Epe express road, Km 22 at The King of the universe plaza at Ilaje bus stop, Ajah<\/p>\n<p>09024969469<\/p>\n<p><strong>Ijebu-ode branch<\/strong><\/p>\n<p>Number 198, Folagbade Street, Along Ibadan Road, Ijebu-Ode<\/p>\n<p>09024969210<\/p>\n<p><strong>Akure\u00a0branch<\/strong><\/p>\n<p>Number 220, Oyemekun Road at Akure, Ondo State<\/p>\n<p>09024970252<\/p>\n<p><strong>Onitsha branch<\/strong><\/p>\n<p>Number 41, New Market Road Onitsha, Anambra State<\/p>\n<p>09024970002<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AB Microfinance Bank Nigeria is a budding Microfinance bank gaining popularity in the Nigerian financial sector. AB Microfinance bank offers &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"List of AB Microfinance Bank Branches in Nigeria\" class=\"read-more button\" href=\"https:\/\/nigerianfinder.com\/list-of-ab-microfinance-bank-branches-in-nigeria\/#more-292014\" aria-label=\"More on List of AB Microfinance Bank Branches in Nigeria\">Read more<\/a><\/p>\n","protected":false},"author":2534,"featured_media":292016,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3091],"tags":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/nigerianfinder.com\/wp-content\/uploads\/2020\/12\/List-of-AB-Microfinance-Bank-Branches-in-Nigeria.png","jetpack_shortlink":"https:\/\/wp.me\/p6w1sx-1dXU","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/posts\/292014"}],"collection":[{"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/users\/2534"}],"replies":[{"embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/comments?post=292014"}],"version-history":[{"count":1,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/posts\/292014\/revisions"}],"predecessor-version":[{"id":292017,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/posts\/292014\/revisions\/292017"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/media\/292016"}],"wp:attachment":[{"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/media?parent=292014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/categories?post=292014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/tags?post=292014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}