The agreement sets in motion the quest to broaden Access Bank’s presence in the Southern African country to 70 branches and agencies, customer base to 300,0000 and total assets with a value in the neighbourhood of $1 billion through the…
Access Bank to reward 14 customers with N1million each to celebrate Nigeria at 61
In commemoration of Nigeria’s 61 years independence anniversary, Nigeria’s leading bank, Access Bank Plc is set to reward 14 customers with N1million each in the DiamondXtra independence splash. Speaking to pressmen at the bank’s head office in Lagos recently, Victor Etuokwu,…
Access Bank unveils scheme for smartphone purchase
ACCESS Bank has introduced a financing scheme for procurement of phones for more Nigerians to get connected to more businesses online and deepen financial inclusion. Victor Etuokwu, Executive Director, Retail Banking, said in a statement on Wednesday in Lagos that…
Access Bank: Nigeria’s Financial Institution Embroiled In Staff Gratuities Scandal
For several weeks, one of Nigeria’s foremost banks, Access Bank, had refused to comment on some underhanded financial dealings involving its former employees. Several phones to its media department had yielded no response. There has been no response to emails…
Access Bank, GTB and 48 other companies declare N578.114bn dividends
Fifty companies, including financial institutions that have held their Annual General Meetings (AGM) for the 2018 financial year, have so far declared a total of N578.114 billion dividends for payment to shareholders. Dangote Cement Plc paid the highest dividend of N16 per…
Access Bank agrees to pay off $200m bond issued by Diamond
Access Bank has agreed that it would pay off a $200 million Eurobond issued by Diamond Bank in 2014. Diamond Bank had attempted to raise between $300 million and $350 million at the time to meet its funding requirements. However,…
Access, Diamond banks shareholders approve merger
Shareholders of Access Bank Plc and Diamond Bank Plc on Tuesday unanimously approved the merger of both financial institutions. The News Agency of Nigeria reports that the shareholders gave the approval at an Extraordinary General Meetings of both banks held in Lagos.…