{"id":48739,"date":"2021-05-05T16:41:03","date_gmt":"2021-05-05T15:41:03","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=48739"},"modified":"2021-05-05T16:43:07","modified_gmt":"2021-05-05T15:43:07","slug":"goodbye-grobank-hello-access-bank-south-africa","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/goodbye-grobank-hello-access-bank-south-africa\/","title":{"rendered":"Goodbye Grobank, Hello Access Bank South Africa"},"content":{"rendered":"<p>Following the completion of all regulatory procedures, Grobank Limited has been officially renamed Access Bank South Africa Limited.<\/p>\n<p>The deal was finalised after Access Bank\u2019s acquisition of controlling shares in the former Grobank Limited, South Africa.<\/p>\n<p>With this new development, Access Bank South Africa Limited is positioned to deliver a robust banking operation that connects key African markets.<\/p>\n<p>At an official closing ceremony in Sandton on Monday, top executives of the two banks were upbeat about new opportunities for clients, noting that the Bank will continue to support all its stakeholders, while opening doors to growth opportunities both in the short and long term.<\/p>\n<p>CEO of Grobank, Bennie van Rooy said, \u201cThis is an extremely exciting day for the South African banking industry. Our corporate customers will now have increased access to trade finance, treasury, international payments and loans through the wider distribution network offered by Access Bank\u2019s presence in the key trade corridors that connect Africa to the rest of the world.<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p>\u201cBanking with Access Bank South Africa means greater security as well as access to more products and services through a best-in-class digital platform, and a full retail banking suite will soon be on offer.\u201d<\/p>\n<p>Herbert Wigwe, GMD\/CEO of Access Bank Plc, said: \u201cToday\u2019s ceremony in South Africa seals our commitment to delivering our strategic aspirations of becoming Africa\u2019s Gateway to the World, in line with our vision to be the World\u2019s Most Respected African Bank.<\/p>\n<p>\u201cWe look forward to the many opportunities our collective experience and deep understanding of the African market brings to our valued clients, and the journey ahead being one of great promise for our institution and the continent.\u201d<\/p>\n<p><strong>Photo Caption: From Left Bennie Van Rooy, CEO Grobank South Africa; Herbert Wigwe, GMD\/CEO, Access Bank PLC and Patrick Mathidi, Chairman, Board of Directors, Grobank South Africa during the signing ceremony and official <span lang=\"EN-US\">handover<\/span>\u00a0of Grobank\u00a0<span lang=\"EN-US\">to<\/span>\u00a0Access Bank South Africa in Sandton, South Africa<span lang=\"EN-US\">\u2026<\/span>recently<\/strong><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Following the completion of all regulatory procedures, Grobank Limited has been officially renamed Access Bank South Africa Limited.<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[6471,576,8566,8519,4282],"coauthors":[2391],"class_list":["post-48739","post","type-post","status-publish","format-standard","","category-business","category-news","tag-access-bank-plc","tag-capital-market","tag-grobank-south-africa","tag-investment-banking","tag-stock-market"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - 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