Loan Risks Remain In Nigerian Banks—Moody’s

–Says Skye Bank Takeover Good For Sector Tayo Olanipekun Nigerian banks’ earnings will come under pressure and capital metrics will decline marginally over the next 12 to 18 months, Moody’s has said. It noted in its latest Nigeria Banking System Outlook that the sector’s asset quality will remain weak with deterioration in loan performance that […]

Access Bank Partners WorldRemit For Instant Money Transfers To Nigeria

Leading digital money transfer service WorldRemit has partnered with Access Bank for instant money transfers to Access Bank accounts in Nigeria. The new partnership further expands WorldRemit’s presence in Nigeria, allowing its customers in over 50 countries to send money to millions of Access Bank accounts directly from their phones. Access Bank is a leading […]

Access Bank Executive Director Calls For Better Regulation Of FinTech

Executive Director, Information Technology and Operations, Access Bank Plc, Mr. Ade Bajomo has called on regulators in the financial services industry to understand financial technology (FinTech) for better regulation. FinTech is a new industry that uses technology to improve activities in finance. The use of smartphones for mobile banking, investing services and cryptocurrency are examples […]

Access Bank

Access Bank Posts N39bn HY’2018 PAT

Access Bank Plc has recorded a profit after tax of N39.625 billion for the half year ended June 30, 2018 from a profit of N39.459 billion recorded in 2017. The unaudited financial results for the half year (H1) ended showed an increase of 2.6 per cent in gross earnings to N253.024 billion from N246.575 billion […]

Herbert-Wigwe,

Access Bank Raises N800m To Support Vulnerable Children

Access Bank Plc has raised $2.2 million (N800 million) to support vulnerable children during the finale of the annual Access Bank’s UNICEF Charity Shield Polo tournament in partnership with Fifth Chukker held at the prestigious Guards Polo Club, Windsor, United Kingdom. The lender sees the game of Polo as an avenue to deepen its commitment […]

Access Bank CEO Award-A Reward For Exceptional Performance

Access Bank held its prestigious annual Chief Executive Officer (CEO) Awards over the weekend to celebrate the achievement and commitment of its staff members. The Afro-infused black tie event which held at the Landmark Event Center in Lagos showcased great performances from the staff themselves, fun set pieces with palm wine cocktails, Pan-African Cuisines and […]

Access Bank

Access Bank Empowers 500 Female SME Operators

Access Bank Plc has disclosed that its ‘W’ Academy, in partnership with the Enterprise Development Centre (EDC) of the Lagos Business School (LBS), recently organised a professional business capacity-building workshop for 500 female entrepreneurs in Port-Harcourt, Abuja and Lagos.  These capacity building initiatives across the three states took place in the last four months and served […]

Access Bank Headquarters

Access Bank Posts Impressive Earnings in Q1 2018

Access Bank Plc has released its unaudited financial results for the first quarter (Q1) ended March 31, 2018 showing an increase of 19% in gross earnings to N137.5 billion from N116 billion in the corresponding period of March 2017, with interest income and non-interest income contributing 70% and 30% respectively. The Bank recorded a Profit […]

Malaria: Access Bank Bags GBCHealth, John Hopkins University Innovation Award In Ghana

The GBCHealth’s Corporate Alliance on Malaria in Africa (CAMA), alongside the Private Sector Malaria Prevention Project (PSMP) at the John Hopkins Center for Communication, UK Aid and the National Malaria Control Programme of the Ghana Health Services, have conferred the ‘Innovation Award’ on Access Bank and other significant awards to four other organisations for their […]

Access Bank Produce First Home Owner In Family Fortune Promo

The on-going promotional campaign by Access Bank Plc tagged ‘Family Fortune’ Promo has produced the first winner of a family home. The family of Celestine Ikwuka Obinabor, currently a tenant and resident of Oka Afa in Ejigbo area of Lagos won one of the 3 four-bedroom terrace houses located in highbrow Lekki area of Lagos […]