Access Bank – Page 2 of 5 – Prime Business Africa

Access Bank Serves Seplat Energy With Bankruptcy Court Order Against Orjiako

Seplat Energy has been served with a bankruptcy ex parte interim court order from Access Bank, as the financial institution moves to recover the debt A.B.C Orjiako owes the lender. Orjiako, who served as the chairman of the company between August 2003

August 11, 2023

Access Bank Raises N351bn, Emerges First Nigerian Bank To Meet CBN’s N500bn Capital Requirement

Business

Standard Chartered Sells Subsidiaries In Four African Countries To Access Bank

Access Holdings’ banking division, Access Bank, has agreed to acquire the subsidiaries of Standard Chartered in four African countries, amid its expansion drive. Access Bank offered to purchase Standard Chartered’s subsidiaries in Angola, Cameroon, Gambia and Sierra Leone, after the latter announced its

July 14, 2023

Shareholders Remember Wigwe, Others At Access Holdings Annual General Meeting

Business

Montepio Holding Finally Sells Majority Stake In Finibanco To Access Bank

Montepio Holding SGPS S.A has completed the sale of its stake in Finibanco Angola S.A to Access Bank, the subsidiary of Access Holdings. Access Bank acquired 51 per cent, which is a majority stake in Finibanco Angola, giving the Nigerian lender access

July 14, 2023

Business·Insights

GTBank, UBA, Access Bank Compete For Nollywood’s $85.43bn Financial Opportunity

Nigerian Deposit Money Banks (DMBs) have taken their rivalry beyond the financial sector, extending their fight for dominance and relevance to the movie industry in Nigeria. It’s no news that banks are now diversifying their revenue source from core banking operations, spreading

June 16, 2023

Business

Access Bank Obtains Central Bank of Angola’s Approval To Acquire 80% of Finibanco

Access Holdings has disclosed that its subsidiary, Access Bank, has been given the approval to go ahead with the acquisition of Finibanco Angola S.A. in Angola. The Central Bank of Angola, Banco Nacional de Angola, gave the approval for the acquisition of

May 4, 2023

Business

CBN Fines Access Bank N604 million For Breaching 3 Regulatory Orders

The Central Bank of Nigeria (CBN) fined Access Bank N604 million for wrong account opening with mismatched details, breaching foreign exchange (forex) guidelines and one other contravention. Prime Business Africa learnt CBN also sanctioned Access Bank for breach of accounts administration agreement,

April 24, 2023

Access Holdings Plc Reports 71.39% Profit Surge In H1 2023

Business

Access Holdings’ Net Profit Drops N7.19bn, Shareholders Share N46.20bn Dividends

Access Holdings has revealed that its profit after tax plummeted in 2022, as the financial institution closed last year with N152.90 billion. The net profit dropped by N7.19 billion between January to December last year, considering Access Holdings recorded N160.09 billion within

April 20, 2023

Business

Access Bank Joins FCMB To Raise Funds In Face Of Insolvency Fears In Global Banking

Access Holdings Plc has invested $300 million in Access Bank in the face of insolvency fear in the global banking industry. In the circular released to investors and shareholders on Tuesday, via Nigerian Exchange Limited (NGX), Access Holdings said the $300 million

April 4, 2023

Business

Access Bank Receives Approval To Acquire African Banking Corporation In Zambia

The Central Bank of Zambia has given approval to the acquisition of African Banking Corporation Zambia Limited by Access Bank. In a statement released on Friday, 24 March 2023, by Access Holdings Plc, the parent company of Access Bank, it was revealed that

March 24, 2023

Business·Currency

Access Bank Reduces Forex Payout For International Students, Traders

Access Bank has reviewed its foreign exchange (FX) application for international school fees, a move that indicates other banks might follow suit. Account holders of Access Bank received a message titled; “important information on Form A request’, informing them that the processing time

March 15, 2023

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Access Bank - Page 2

Access Bank Serves Seplat Energy With Bankruptcy Court Order Against Orjiako

Standard Chartered Sells Subsidiaries In Four African Countries To Access Bank

Montepio Holding Finally Sells Majority Stake In Finibanco To Access Bank

GTBank, UBA, Access Bank Compete For Nollywood’s $85.43bn Financial Opportunity

Access Bank Obtains Central Bank of Angola’s Approval To Acquire 80% of Finibanco

CBN Fines Access Bank N604 million For Breaching 3 Regulatory Orders

Access Holdings’ Net Profit Drops N7.19bn, Shareholders Share N46.20bn Dividends

Access Bank Joins FCMB To Raise Funds In Face Of Insolvency Fears In Global Banking

Access Bank Receives Approval To Acquire African Banking Corporation In Zambia

Access Bank Reduces Forex Payout For International Students, Traders

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