Access Bank Group is a financial services conglomerate, headquartered in Nigeria, with subsidiaries in Angola, the Democratic Republic of the Congo, Ghana, Ivory Coast, Kenya, Nigeria, Rwanda, The Gambia, Guinea, Cameroon, Sierra Leone, Malta, Mauritius, Morocco, Mozambique, Botswana, South Africa, Tanzania, Uganda, Zambia, France and the United Kingdom.
[2] As of that time, the group maintained operational banking subsidiaries in 20 countries in Sub-Saharan Africa, Europe and the Middle East.
The agreement confirms Access Bank's will to broaden its presence in the Southern African country to 70 branches and agencies, customer base to 300,0000, and total assets with a value in the neighbourhood of US$1 billion through the combined entity.
The Eurobond may be called anytime from 7 October 2026, subject to conditions including the Central Bank of Nigeria's approval.
In March 1998, Access Bank changed its legal status and became a public limited company and in the same year, on 18 November, entered the Nigeria Stock Exchange.
[20] In early 2021, Access Bank announced that it had identified eight new African countries for potential expansion, seeking to benefit from a continent-wide free trade agreement.
The target markets are Morocco, Algeria, Egypt, Côte d'Ivoire, Senegal, Angola, Namibia and Ethiopia, which would extend the international presence of the bank to 18 countries.
signed binding contracts to acquire 100 percent shareholding Bidvest Bank in South Africa for consideration of US$159 millions (ZAR:2.8 billion).
[23] In July 2023, Access Bank Group reached binding agreements with Standard Chartered Plc (SCB) of the United Kingdom for the Access group to acquire SCB shareholding in subsidiaries domiciled in Angola, Cameroon, Gambia and Sierra Leone.
[27] This agreement confirms the group's vision and desire to extend its influence and activities to all of France and gradually to all of Europe.
The opening of Access Bank in Paris will be managed by the group's London branch, headed by Britain's Jamie Simmonds.