AccessBank Closed Joint Stock Company
Status: Proposed investmentWhy disclosure?
FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more
In case of questions
We welcome feedback on this proposed investment opportunity for FMO. The ending of the proposed investment phase is indicated on the right side of this page. In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our prospective customer?
AccessBank is a mid-sized bank in Azerbaijan focusing on MSME customers. With around 1,600 staff members the bank operates a network of 36 branches. Total assets amount to USD 900 million and Total Capital is about USD 120 million. The bank is an existing client of FMO since 2007.
What is our funding objective?
The objective of the loan is to provide stable medium-term funding to finance the bank's growing loan portfolio and improve the balance sheet structure of the bank.
Why do we want to fund this investment?
The USD 25 million loan agreement is a multi-currency facility allowing AccessBank to attract funding in local currency AZN and USD. This 3-year loan is used to finance a combination of Micro-entrepreneurs, and SMEs (Women, Youth, Agri) for 100% of the facility amount, contributing to FMO's Reducing Inequalities target.
What is the Environmental and Social categorization rationale?
The project has E&S risk category C in accordance with FMO’s Sustainability Policy. The project’s activities are deemed to have minimal or no adverse environmental and social risks and/or impacts. As part of the project, the bank will be required to apply the EDFI Exclusion List and the local E&S laws and regulations.
More investments
| Date | Total FMO financing |
|---|---|
| 6/19/2014 | USD 30.00 MLN |
| 6/19/2014 | USD 20.00 MLN |
| 10/31/2017 | USD 25.00 MLN |
- Website customer/investment
- https://www.accessbank.az/en/
- Region
- Europe & Central Asia
- Country
- Azerbaijan
- Sector
- Financial Institutions
- Publication date
- 7/23/2025
- Deadline for feedback
- 8/22/2025
- Total FMO financing
- USD 25.00 MLN
- Funding
- FMO NV
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - C