Accion Microfinance Bank Limited has successfully completed its N5 billion Series 2 Commercial Paper issuance, fully subscribed by investors. The funds will support lending activities, particularly for MSMEs.
PRIVATEAug 20, 2026•about 4 hours ago
Amount Raised
₦5 Billion
Round Type
Venture - Series Unknown
Financial ServicesFinanceFintechLendingBanking
Description
Accion Microfinance Bank Limited has completed its N5 billion Series 2 Commercial Paper issuance, fully subscribed by investors, including Quest Merchant Bank as the sole issuing house. This transaction highlights investor confidence in the bank’s financial strength and growth strategy. The funds will enhance the bank's capacity to support MSMEs and strengthen working capital. The issuance underscores Accion MfB's commitment to delivering innovative financial solutions.
Company Information
Company
Accion Microfinance Bank Limited
About
Accion Microfinance Bank Limited (Accion MfB) is a financial institution focused on providing lending solutions to micro, small, and medium-sized enterprises (MSMEs) in Nigeria. The bank aims to strengthen working capital and deliver innovative financial solutions to underserved individuals and businesses. It is known for its strong capital markets expertise and investor relationships. Accion MfB is committed to expanding financial access and supporting the growth of Nigeria’s economy.
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