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Access Bank is bridging the gap to sustainable expansion

Access Bank is bridging the gap to sustainable expansion
worldfinance.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from worldfinance.com Daily Mail and Mail on Sunday newspapers.

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How a Lost ID Cost a Man his Marriage, Sh700,000, Family and Health

How a Lost ID Cost a Man his Marriage, Sh700,000, Family and Health
nairobiwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nairobiwire.com Daily Mail and Mail on Sunday newspapers.

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Access Bank completes acquisition of Mozambique's African Banking Corporation

Access Bank completes acquisition of Mozambique’s African Banking Corporation Corporate deals ....

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Access Bank buys Mozambique's African Banking Corporation -- fifth acquisition in 4 years

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This is the bank’s fifth acquisition in four years.
In 2018, the lender acquired Diamond Bank through a merger and acquisition deal, completed in 2019.
In the fourth quarter of the same year, it acquired Transnational Bank (Kenya) Plc.
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In August 2020, the bank also announced the acquisition of Cavmont Bank Limited through a merger deal and finalised the process in January 2021.
It has also acquired Grobank in South Africa and now completed the acquisition of Mozambique’s African Banking Corporation.
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In a corporate filing on Tuesday, Sunday Ekwochi, Access Bank secretary, said Access Mozambique will now move towards integrating and merging BancABC Mozambique into its operations, “which is expected to create the seventh-largest bank in the Mozambican banking market.” ....

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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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