Connect with us
Olubadan’s Applaud Of Tinubu’s Answer To Oyo Abduction Saga, Prosecution Of suspects, Reflects Renewed War APresident Tinubu Directs EFCC To Vacate Order Freezing Osun State Government AccountAsset Integrity, Life Extension, Fixing Obsolescence Key To Sustaining Value For Independents – Seplat CEOPFIPC Probe: ICPC Submits Interim Report, Recommends Adeyemi’s ProsecutionAdeleke Slams EFCC With ₦2bn Suit Over Freeze On AccountNAICOM Freezes Nigeria Re Accounts, Revokes LicenceBreaking: DSS Docks Retired Officer For TerrorismAIICO Grows Premium To ₦104bn, Retains Composite Licence Without Fresh CapitalWAEC Releases 1.83 Million Results, Withholds 167,486 Over MalpracticePANDEF Advocates Immortalization Of Dr Paddy Njoku Over His Patriotic Large HeartNigeria Power Sector: NISO, Canada Explore Strategic Partnership On  Modernisation, Grid Stability How TCN, Police Traced Arrested Suspect Over Vandalizing Six Towers Along Yola–Jalingo 330kV Transmission LineONSA-Coordinated Military, DSS, Counter-Terrorism, Police Forces Rescue 308 Kidnapped Victims In Kwara, Niger, StatesAGF Harps On Practical Demonstration Of Human Rights Observance As NHRC, NPF Institute Joint Implementation Framework NAICOM Updates Website to 43 Operators: What Happens To Eight Under Verification?

Business News

Access Bank PLC Completes Acquisition of Standard Chartered Bank Angola S.A., Standard Chartered Bank (Sierra Leone) Limited

Published

2 years ago

on

Access Holdings PLC has announced that its flagship subsidiary, Access Bank PLC
has completed the acquisition of Standard Chartered Bank Angola S.A and Standard Chartered Bank (Sierra Leone) Limited.

Commenting on the completion milestone, Roosevelt Ogbonna, the MD/CEO of Access Bank PLC and CEO of the Banking Group said: “We are pleased to have successfully concluded 2 important acquisitions in Angola and Sierra Leone, affording us synergies to strengthen the quality of our earnings from both countries by significantly growing our share of the Corporate and SME banking in the two markets.

“The combinations represent another significant step towards our broader vision of becoming the Worlds Most Respected African Bank.”

The parties are working on the completion of transactions that would see Access Bank acquire Standard Chartered Bank’s subsidiaries in Cameroon, the Gambia and its Consumer, Private and Business Banking business in Tanzania.

Access Holdings shall continue to make disclosures as and when required, Sunday Ekwochi, Company Secretary, assured in a statement on Wednesday.

Related Topics:
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

RENEWED HOPE AGENDA

NRS: MANAGE YOUR TAXES ONLINE

Our Naira Our Pride

NNPC: WE ARE HIRING

THE RENEWED HOPE AGENDA

ADVERTISEMENT

Click for full details

PRESS RELEASE

Click to read full text


CAVEAT EMPTOR


Read More…

Advertisement

CBN Advert


Click the link to visit
Advertisement
Advertisement
Advertisement

Happy New Year

Facebook

Advertisement
Advertisement

Breaking News...