[4] Access Bank South Africa is a subsidiary of Access Bank Group, a financial services conglomerate based in Nigeria, with subsidiaries in nine sub-Saharan countries, the United Kingdom and the United Arab Emirates.
As of 31 December 2021, Access Bank Group had total assets in excess of US$28 billion.
In October 2018, Grobank Limited concluded the acquisition of 99.81 percent shareholding in Bank of Athens (South Africa).
The bank rebranded to Grobank Limited and focused its activities to lending to the agricultural sector.
[6][7] In March 2021, Access Bank Group paid an estimated US$60 million to acquire a controlling interest in Grobank Limited.