Access Bank
Access Bank has continued its footprint expansion in Africa with the acquisition of another bank, which has now received regulatory and legal approval.
About eight Nigerian banks have reported an increase in interest incomes to the tune of N4.8 trillion in six months led by Zenith and Access Banks.
Access Holdings Plc, the parent company of Access Bank, has reported a mouthwatering profit of N248.9 billion in the first six months of this year.
The COMESA Competition Commission has approved the planned acquisition of the National Bank of Kenya (NBK) by a major Nigerian lender, Access Bank.
AFG Holding SA recently acquired a controlling stake in Access Microfinance Holding AG, along with its African subsidiaries, bringing its total assets to N150bn.
About 28 Nigerian banks hit by bank insider fraud have dismissed 49 of their employees as they stole N42.2 billion over a three months period in 2024.
The Central Bank of Nigeria (CBN) has issued a new directive to banks on interest rates on customers savings and current accounts, and ATM withdrawals.
Commercial banks, including other financial institutions, will be closing their branches across the country in obedience to the federal government directives.
Access Bank’s acquisition of the National Bank of Kenya is expected to be finalised by September 2024, enhancing its East African presence with regulatory approvals.
Access Bank
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