Browsing: Access bank

Access Holdings Plc reported an increase in its profits before tax on Thursday, with N729bn in 2023, which is a 335 per cent rise from 2022. The group also noted an 87 per cent growth in gross earnings to N2.59tn, up from N1.38tn in its combined and individual financial statements for the year ended December 31, 2023.

Access Bank will acquire the National Bank of Kenya from the KCB Group, its second acquisition of a Kenyan bank in under five years. After purchasing Transnational Bank Limited. in 2019, this is the Nigerian lender’s second acquisition in Kenya. Access Holdings’ Secretary, Sunday Ekwochi, announced in a statement filed on the Nigerian Exchange Limited […]

Access Bank has revealed plans to acquire the National Bank of Kenya from the KCB Group. This marks its second acquisition of a Kenyan bank under five years after a move to acquire Sidian Bank fell through in 2023. Paul Russo, CEO of KCB Group, expressed optimism about the deal, stating that Access Bank will […]

The pioneer Managing Director of the Access Bank Group, Aigboje Aig-Imoukhede, has been appointed as the chairman of Access Holdings. According to a statement from the financial institution filed with the Nigerian Exchange Limited on Wednesday, Aig- Imoukhuede will replace Mr. Abubakar Jimoh, the erstwhile Chairman of the HoldCo, who remains on the Board as […]