Access Bank Redeems $350 million Eurobond 

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 […]

Access Bank Shareholders To Get 25 Kobo Interim Dividend

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 […]

Agusto upgrades Access Bank’s rating to Aa-

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 […]

Access Bank, others as key partners to construction Industry

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 […]

Access Bank Introduces ‘Family Savings Scheme’ to Boost Savings

Access Bank Plc has unveiled a new savings scheme tagged ‘Family Savings Scheme’ initiated to give its customers a boost in their savings. The exercise is in line with the Bank’s commitment to promoting savings culture among the populace. The ‘Family Savings Scheme’ is a savings scheme designed to encourage families to save together and […]

Access Bank Posts Impressive Earnings in Q1 2017

Access Bank Plc has reported an impressive first quarter profits raising hopes among investors about the Bank’s determination to be the world’s most respected African bank. The Bank’s unaudited financial results for the first quarter (Q1) ended March 31, 2017 showed an increase of 38% in Profit before Tax, which rose to N31.2 billion when […]

Nwosu, Access Bank’s DMD, resigns

The Deputy Managing Director of Access Bank Plc, Mr. Obinna David  Nwosu has resigned  from the bank with effect from April 30, 2017. In a statement from the company secretary, Mr. Sunday Ekwochi sent to the Nigerian Stock Exchange, NSE,  yesterday,  Nwosu  resigned from the bank to pursue other personal endeavours. Ekwochi in the statement […]

Strategic Growth Plan: Access Bank to Consider Capital Raising in 2018-2022 …as Shareholders fault NSE on audit committee Chairmanship

Determined to maintaining its leading position in the domestic economy, Access Bank Plc said it may consider returning to the capital market for fresh capital. Group Managing Director of the bank Herbert Wigwe gave this hint on Wednesday in Lagos while responding to shareholders questions at the bank’s 28th Annual General Meeting (AGM). According to him, […]