Access Bank of Azerbaijan Equity
Azerbaijan | Financial Institutions- Identification Code:
- OP/00/0179
- Total Operation Cost:
- 142.649.984 AZN
- Maturity:
- —
- Operation Status:
-
BSTDB Approved Amount – Approval Date1.800.000 AZN – 01 Feb 20086.000.000 USD – 01 Jul 2017560.000 USD – 09 Oct 20061.750.000 USD – 14 Oct 200110.000.000 USD – 18 Nov 2016
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BSTDB Signed Amount – Signed Date1.750.000 USD – 28 Jun 20021.800.000 AZN – 07 Apr 2008484.905 AZN – 11 Dec 20065.319.997 AZN – 18 Sep 20176.970.000 AZN – 03 Mar 2017
-
Status:Active
- Description and Purpose of the Operation:
- BSTDB is one of the founding shareholders of Access Bank Azerbaijan, and holds 20% of the shares. Other MFBA shareholders are: IFC (20%), KfW (20%), EBRD (20%), Access Holding (16.53%) and LFS (the management company of Access Bank) (3.47%).
- Countries of Operation:
- Azerbaijan (100,00%)
- Financial Product:
- Equity Investments
- Sector:
- Financial Institutions
- Domain:
- Private
- Borrower/Client:
- Access Bank is a rapidly developing microfinance institution, and succeeded since its establishment in October 2002 to build a solid reputation in the Azeri banking system. It is among the main providers of loans to micro and small enterprises in Azerbaijan, thus supporting the private sector development and new jobs creation in the country.
- Co-Financers/Participants:
- —
- Guarantors/Sponsors:
- —
- Developmental and Regional Cooperation Impact:
- BSTDB's investment in MFBA's capital is in line with the BSTDB's Country Strategy for Azerbaijan, as it refers to providing equity to a financial institution that strongly supports the SME sector in Azerbaijan.
- Environmental Classification and Impact:
- By virtue of its shareholding in the bank, BSTDB has already enforced compliance with its environmental policies. In addition, environmental policies pursued by MFBA comply with the requirements of other IFIs, such as the EBRD, the IFC and KFW, as well as domestic legal requirements.
- Operation Leader:
- General Industries, Transport, Tourism 2
- E-mail:
- gitt2@bstdb.org
As of 28 Feb 2026
