Latest Breaking News On - Access bank plc on - Page 1 : comparemela.com

By Obinna Chima Access Bank Plc on Monday disclosed that it had entered into a definitive and binding agreement with ABC Holdings Limited to acquire 78.15 per cent shareholding in African Banking Corporation of Botswana Limited (BancABC Botswana). The transaction, which is subject to regulatory approvals and customary conditions precedent, is expected to close before the end of this quarter. ABC Holdings is a subsidiary of London Stock Exchange listed group – Atlas Mara Limited. Access Bank disclosed this in a statement signed by its Company Secretary, Sunday Ekwochi. Bostwana is renowned for its quality sovereign credit rating and stability. Access Bank’s market entry is expected to further solidify its strategy as, “a strong banking partner in key verticals across retail and corporate banking, including especially supporting trade in payments across southern Africa and Sub-Saharan Africa more broadly.”

South africaCity ofUnited kingdomRepublic of botswanaHerbert wigweObinna chimaLondon stock exchangeAtlas maraBancabc bostawana to access bankAccess bankAccess bank plc onBank plcAfrican banking corporationBotswana limitedCompany secretarySub saharan africa