AccessBank launches MoneyGram services

As part of its goal to become a “house bank” in Liberia, AccessBank Liberia Limited has announced a partnership with MoneyGram International, to provide a platform for thousands of Liberians to have easy access to MoneyGram remittance services across the country.

According to spokesman Reindorf Haligah, the MoneyGram services will be formally launched in Monrovia on Friday, 24 March.In a press release issued late Tuesday, the bank assure the public of nothing but the best in customer services and customer experience, professionalism and readiness of its dedicated staff to help everyone who goes to it various branches to transact business.

“Our desire to always provide convenient banking services and make your banking experience at the AccessBank exceptional made us to extend our banking operational hours at our Sinkor branch from 8:00 am to 7:00 pm on Monday through Friday and 8:00am to 2:00pm on Saturdays”, the release said.

It said with the addition of MoneyGram services, AccessBank promises all valued customers a banking experience that will exceed public expectations. AccessBank Liberia Limited is a fully-fledged commercial bank backed by strong international shareholders: AccessHolding AG, International Finance Corporation (IFC), European Investment Bank (EIB) and African Development Bank (AfDB). The bank has over 450 employees and total asset of about US$ 40 Million.

Since opening its doors to the public on January 20, 2009, it has been the main commercial bank for thousands of small and large businesses, international NGOs, up and coming entrepreneurs and established SMEs.

As of February 28, 2017, the bank had a total loan portfolio of USD 21. Million with more than 12,000 clients outstanding and a deposit portfolio of USD21.9 million plus over 197,000 deposit accounts. Currently, AcessBank Liberia Limited has seven (7) branches in and around Monrovia and in Buchanan, Grand Bassa County, respectively to serve its valued customers and the general public.

During it’s over eight years of operations, the bank has been playing a key role in widening the scope of the formal financial sector in Liberia and granted over 102,000 loans amounting to over USD 143 million to small and large businesses in Liberia. It provided training and employment opportunities (local and International) for hundreds of young Liberians, according to the release.