Our Segment

Small and Medium sized enterprises are crucial to the development of any economy. They possess great potential for employment generation, improvement of local technology, output diversification, development of indigenous entrepreneurship and forward integration with large-scale industries.

Traders along the chain of distribution of goods and services have realized the need for credit finance as a sustainability strategy for their businesses. This segment of the Business Banking Division helps them to meet this challenge.

Offerings

• M Power products.
• Concessionary COT based on predefined criteria.
• Competitive interest rate.
• Industry leading financial and investment management services.
• Overdraft facilities.
• Import finance.

At Access Bank we are strong supporters of education and training. This segment of the Business Banking Division provides funding to the owners of schools for expansion and the acquisition of assets.

Offerings:

• Payroll Management - Cash management services which include disbursements, collections and remittances transaction services, business current account, and domiciliary accounts.
• Lending - Overdrafts, term loans for facility upgrades, card services (debit, credit ), business consulting, and capital raising.
• Proprietor/ family member account management services – Kiddies account,  and salary current account.
• Financing Services –Card services
• Parent Teachers Associations - Business/ personal current accounts, association accounts,  card services
• Teachers and Non-teaching staff - Salary accounts (Current/Savings),  card services.
• Students - Kiddies account (0-18years)
• Suppliers and Consultants - Business current accounts, suppliers/consultants facilities, short/medium term facilities, guarantees, card services, and remittances.

This segment of the Business Banking Division creates tailored services to meet the needs of Real Estate companies.
 
Offerings

• Credit facilities.

This segment of the Business Banking Division provides credit facilities to help meet the liquidity management challenges of professional firms, their key partners and promoters, and the associations they are members of.

Offerings

• Current/ client account.
• 0% p.a interest rate on account balances.
• Concessionary charges of 1% on domiciliary accounts transactions.
• Overdraft Facility as working capital.
• Dom Accounts.

This segment of the Business Banking Division is aimed at meeting the needs of the support services companies to the downstream oil and gas sector.

 Offerings

• Financial advisory.
• Financing services.
• Vendor/ supplier payment solution

This segment of the Business Banking Division provides credit facilities to help meet the liquidity management challenges of legal firms, their key partners, and senior advocates.

Offerings

• Current/ client account - Judgment account/ escrow account.
• 1% p.a handling charge on domiciliary accounts.
• Concessionary charges of 1% on domiciliary accounts transactions.
• 0% interest rate on current account balances.

This segment of the Business Banking Division provides support to SME’s involved in importing and exporting goods in The Gambia.

Offerings

• Import finance.
• Performance bonds/ Guarantees.
• Auto online.
• Competitive interest rate.

This segment of the Business Banking Division provides support to distributors and dealers to ensure that their goods get to the consumers and that they are able to increase their market share.

Offerings

• Credit facilities.
• Transfers from distributors to contract employers are exempted from usual cheque / transfer confirmation processes to improve Turnaround time.

The Hospitality industry is a major source of growth, employment, earnings and foreign exchange for the economy of The Gambia with hotels and restaurants growing fast across the country. This segment of the Business Banking Division supports the growth of this critical sector.

• Asset Acquisition.
• Working Capital Finance.

This segment of the Business Banking Division provides support to contractors that provide services to public and private corporations.

 Offerings

• Time/ term loan
• Working capital-
• Bonds and Guarantees.
• Contract finance.
• Overdraft facility

Travel agencies have distinct financing needs that require specially tailored products and services. This segment of the Business Banking Division provides travel agents with a product that is flexible and satisfies the specific credit needs of the sector.

Offerings

• Bridge Financing - Available in the form of short tenured overdrafts.