Tag Archives: Access Bank

THE FACTS BEHIND THE PURPORTED CHARGES BY THE INDEPENDENT CORRUPT PRACTICES AND OTHER RELATED OFFENCES COMMISSION AGAINST ACCESS BANK PLC AND ITS OFFICERS. Our attention has been drawn to recent news reports in some newspapers and online publications which suggest that Access Bank Plc (‘the Bank’) and its principal officers were recently arraigned in court by the Independent Corrupt Practices …

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Photo Caption: From Left: Bola Adeeko, Head, Corporate Services Division, The Nigerian Stock Exchange (NSE); Oscar Onyema, Chief Executive Officer, NSE; Herbert Wigwe, Group Managing Director, Access Bank Plc and Roosevelt Ogbonna, Group Deputy General Manager Director, Access Bank Plc during Access Bank Plc’s 2018 – 2022 Group Strategy Presentation at The Nigerian Stock Exchange on Monday. Advertisement

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… Targets 30m Clients As part of its global expansion drive, Access Bank Plc on Monday launched a five-year strategy aimed at achieving a 30 million customer- base and to rank as number one bank in Nigeria in terms of returns on equity. The bank said “The new five-year strategy will accelerate this growth story to position Access Bank as …

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Access Bank Plc plans to pursue organic growth in Ghana rather than mergers & acquisitions after the central bank raised the minimum capital requirement for lenders in the West African country, its group chief executive said on Tuesday. Ghana’s central bank in September raised the minimum capital required for banks threefold to 400 million cedis ($92 million) as part of …

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Despite the challenging operating environment, Access Bank Plc, one of the leading tier one bank, has announced its third quarter (Q3) results for 2017 which reflect the Bank’s ability to generate sustainable earnings. The full service commercial bank with headquarters in Nigeria, has its other operations across Sub-Saharan Africa, the UK, Asia and the Middle East, According to the bank’s …

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More winners have emerged from the ongoing Access Bank Family Fortune Promo as the Bank rewards 118 customers in the second monthly selection of winners. The event which held at the Bank’s Alausa Branch in Ikeja produced 50 customers who won DSTV decoders while another 30 got N50,000 worth of shopping vouchers. Also, 20 customers won Samsung mobile phones, 10 …

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Access Bank Plc has announced the final redemption of the $350,000,000.00 Eurobond Notes due July 25, 2017.    The Securities were issued in 2012 by Access Finance B.V. – a direct, wholly owned subsidiary of the Bank – on the back of an unconditional and irrevocable guarantee of the Bank. In October 2016, holders of $113 Million of this note elected to exchange same for a new …

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As the stock market continue to give some investors concerns, based on the relative decrease in the key market indicators, shareholders of Access Bank Plc are already counting their gains as the board of directors has proposed an interim dividend of 25 kobo for its existing shareholders. The bank made this known to the investing public on Wednesday August 22, …

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In a recent rating review of Access Bank Plc, Nigeria’s foremost rating agency Agusto & Co, has raised the bank’s rating from “A+” to “Aa-”, with a stable outlook. The upgrade reflects Access Bank’s strong financial profile, resilient profitability levels and solid capital position.  Agusto & Co also recognised Access Bank as an institution of very good financial condition and strong …

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The construction sector has been a very significant contributor to Nigeria’s GDP, adding as much as 3% to national output. Although the sector has been severely affected by macro-economic headwinds in the recent past quarters, the sector still has great potential to contribute significantly more, in the short term, given the government’s current focus on investing in infrastructure as well …

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