Zaur Magerramov

Access Microfinance Holding AG (AccessHolding) is the commercial microfinance subsidiary of LFS Financial Systems GmbH headquartered in Germany. The firm, established in 2006 by an international group of private and public investors, aims to construct a network of microfinance institutions (MFIs) worldwide, providing their investee banks with growth capital, holding services and technical assistance. Located in Berlin, AccessHolding establishes new MFIs together with other partners, and transforms existing non-bank microlending institutions into full-service microfinance banks.

AccessBank of Azerbaijan CJSC provides financial services to privately owned micro and small enterprises. The firm's services include loans, current accounts, savings facilities and payment services. It also offers financial services to other types of client including private individuals, larger enterprises, and international organizations. The company was founded in October 29, 2002 and is headquartered in Baku, Azerbaijan.

AccessBank Liberia Ltd. operates as a microfinance institution which provides commercial banking services. It offers account operations such as cash deposits, withdrawals and cheques are among the standard services. The firm also plans to introduce international money transfer and remittance services. The company was founded on January 20, 2009 and is headquartered in Monrovia, Liberia.

LFS Advisory GmbH provides advisory and management consulting services. It specializes in banking and financial sector projects in developing and transition countries. The firms particular focus is on micro, small and medium enterprise (MSME) finance. The company was founded by Bernd Zattler in 1997 and is headquartered in Berlin, Germany.

AccessBank Tanzania Ltd. provides commercial banking services. It offers current, saving, savings plan, and student accounts; fixed term deposits and money transfers; and micro and SME loans. The firm provides microfinance services to micro, small and medium-sized and the general lower and middle income clients. The company was founded in November 2007 and is headquartered in Dar es Salaam, Tanzania.

ProCredit Bank CJSC provides commercial banking services. It offers savings accounts, savings plans, deposits, loans, payment cards, overdrafts, Internet banking, money transfers and utility payment. The firm focuses on lending to small, small and medium-sized enterprises. The company was founded in December 2007 and is headquartered in Yerevan Armenia.

Kazakhstan National Fund (NFRK) is a stabilization fund which aims to insulate the economy of the Republic of Kazakhstan from price swings of oil, gas and metals. Created in 2000, the Fund is modeled on Norway's Government Petroleum Fund and is derived primarily from corporate income tax, excess profit tax, royalties, VAT and PSA charges and bonuses levied against oil firms and mining and metallurgy firms. Extra revenues are transferred to the NFRK when prices exceed reference prices for oil and some minerals. The money is theoretically available to make up government budget deficits or reduce taxes but is primarily intended for investment overseas, as a way of diversification and hedging against oil price instability. The National Bank of the Republic of Kazakhstan serves as trustee of the Fund, investing the Fund, including entrusting part of the Fund to external managers selected through competitive bidding, developing and approving investments transactions regulations and monitoring the Fund's assets. The money is controlled by the Managing Council of the Fund, chaired by the President of Kazakhstan, who also selects the board.