Tag Archives: Access Bank

Access Bank to Acquire Majority Stake In Finance Trust Bank, Targets Financial Inclusion, Empowerment, Innovation In Uganda

Finance Trust Bank (“FTB”) and Access Bank PLC (“Access Bank”) have announced the signing of a definitive agreement for Access Bank’s equity investment into FTB. The deal will also see Access Bank concurrently acquiring the shares currently held by FTB’s Institutional Shareholders who have sought to exit to a strategic, long-term shareholder.

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Access Bank Plc Enters Into Acquisition Agreements With Standard Chartered Bank 

Access Bank Plc and Standard Chartered Bank have entered into agreements for the acquisition of Standard Chartered’s  shareholding  in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone, and its Consumer, Private & Business Banking business in Tanzania. Each transaction remains subject to the approval of the respective local regulators and the banking regulator in Nigeria.  

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