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Access Bank: 20 years after

Access Bank: 20 years after
thecable.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecable.ng Daily Mail and Mail on Sunday newspapers.

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Access Bank Targets Domination

Focus
Goddy Egene with steady growth in financial performance, rapid expansion and drive, Access Bank Plc is moving to dominate and deliver better value to all stakeholders
When Access Bank Plc merged with Diamond Bank Plc in 2019, it was in line with its vision “to be the world’s most respected African bank.” After the merging Access Bank became one of Africa’s largest retail banks by retail customer base. With over 900,000 shareholders (including several Nigerian and International Institutional Investors), the bank has enjoyed what is arguably Africa’s most successful banking growth trajectory in the last 12 years and going by its latest financial performance and strategies, Access Bank Plc is on its way to dominate the African continent in the very near term. ....

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Access Bank: Leveraging debt recovery for sustainable growth

Access Bank: Leveraging debt recovery for sustainable growth
Oluwatomisin Amokeoja
Access Bank Group Plc’s audited result showed an improvement in the non-performing loans (NPL) ratio. NPL improved from 5.80 per cent in 2019 to 4.30 per cent in 2020. The lower ratio reflected successful approach to loan recovery adopted by the Group which is fast gaining the reputation as Nigeria’s toughest loan recovery machine. The bank’s new investments in technology and rising commitment to Africa trade through the African Continental Free Trade Agreement (AfCFTA) scheme are lookouts to drive its new growth phase, writes GROUP BUSINESS EDITOR, SIMEON EBULU.
For banks and other financial institutions, creating quality loans is one way of staying in business. It not only guarantees sustainable profitability, it also ensures growth of the businesses it supports. ....

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AfCFTA: Access Bank targets high-potential markets

By
Tue Apr 27 2021
Access Bank Plc made bold its intentions in 2020 to play big on the African stage with a series of cross border acquisitions and now sustaining the momentum thus far in 2021.
In furtherance of this drive, Access Bank Plc last week entered into a definitive and binding agreement with ABC Holdings Limited to acquire 78.15 per cent shareholding in the 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. ....

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Access Bank's Race for Continental Expansion

Herbert Wigwe
Access Bank Plc has intensified its cross-border expansion in order to take advantage of opportunities in the African Continental Free Trade Area, which has been described as a potential game-changer for the continent, writes Obinna Chima
Inline with its expansion drive, Access Bank Plc last week entered into a definitive and binding agreement with ABC Holdings Limited to acquire 78.15 per cent shareholding in the 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 â Atlas Mara Limited. ....

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