Tag Archives: Access Bank Plc

Merger Between Access Bank Zambia Limited And African Banking Corporation Zambia Limited Gets Regulators Approval 

Further to its announcement on October 25, 2021, Access Holdings Plc (Access Holdings’) is pleased to announce that Access Bank Zambia Limited (“Access Zambia”), a subsidiary of its flagship subsidiary, Access Bank Plc , has received final regulatory approval from the Central Bank of Zambia for the acquisition and merger of African Banking Corporation Zambia Limited (“Atlas Mara Zambia”) into its existing operations (‘the Transaction’).

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Shareholders Endorse Access Bank’s Holdco Structure

Shareholders have endorsed the proposed Holding structure (Holdco) for Access Bank Plc and all scheme of arrangement pursuant to Section 715 of the Companies and Allied Matters Act, 2020 between the bank and the holders of the fully paid ordinary shares of 50 kobo each in the bank.

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