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Herbert Wigwe: The Aggressive Expansionist

Herbert Wigwe: The Aggressive Expansionist
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The Rise and Rise of Access Bank

Oluchi Chibuzor writes on Access Bank Plc’s aggressive expansion drive in the continent The recent revelation that Access Bank Plc is among the list of financial institutions from Africa and the Middle East that have expressed interest in the acquisition of Union Bank Plc and other African assets of Atlas Mara Group, a Pan-African banking group, is a cheering news. Atlas Mara Limited, the London Stock Exchange-listed pan-African banking group started by Mr. Bob Diamond, it was gathered has received a number of approaches for its 49.97 per cent holding in Union Bank of Nigeria. Indeed, listing Access Bank Plc among the suitors is a clear reflection of the resolve of the financial institution headed by Herbert Wigwe, its chief executive officer, not to relent in its aggressive expansion drive.

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Zenith, Access Banks express interest to acquire Union Bank —Atlas Mara

Zenith, Access Banks express interest to acquire Union Bank —Atlas Mara
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Bloomberg: Zenith, Access Banks Express Interest to Acquire Union Bank

Obinna Chima with agency report Two Nigerian lenders – Zenith Bank Plc and Access Bank Plc – are among the list of financial institutions from Africa and the Middle East that have indicated an interest in the acquisition of Union Bank Plc and other African assets of Atlas Mara Group, a Pan-African banking group. Bloomberg which disclosed this quoted sources familiar with the matter to have disclosed that Atlas Mara Limited, the London Stock Exchange-listed pan-African banking group started by Mr. Bob Diamond has received a number of approaches for its 49.97 per cent holding in Lagos-based Union Bank of Nigeria. Zenith Bank Plc and Access Bank Plc are among the suitors that have expressed interest alongside other African rivals such as Morocco’s Attijariwafa Bank, the sources said.

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Breaking News | Breaking News Zenith, Access Bank joggle to acquire Union Bank

Views: Visits 45 Zenith Bank Plc and Access Bank Plc are among the list of financial institutions from Africa and the Middle East joggling to acquire Union Bank Plc and other African assets of Atlas Mara Group, a Pan-African banking group, a report by Bloomberg has said. Sources familiar with the matter told the publication that Atlas Mara Limited, a bank listed on the London Stock Exchange and birthed by Mr. Bob Diamond, received a number of approaches for its 49.97 percent holding in Union Bank of Nigeria. Zenith Bank Plc and Access Bank Plc are among the suitors that have expressed interest alongside other African rivals such as Morocco’s Attijariwafa Bank, the sources said.

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