Tag Archives: Access Bank

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 good financial condition and strong …

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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 investing in infrastructure as well …

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20 Families receive Special Surprises in Access Bank’s Family Fortune Promo

As part of its commitment to reward participants with exciting prizes in its ongoing ‘Family Fortune Promo’, Access Bank Plc has delighted 20 of its customers who were the first set to take part in the Promo. These gifts include rechargeable fans, microwave ovens among others. The surprise gifts to the 20 lucky families precedes the emergence of the first …

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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 enjoy exclusive privileges such as …

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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 compared to ₦22.6 billion in …

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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 said that Nwosu has confirmed …

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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, the need for additional capital …

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Access Bank Posts N90.3bn Profit in 2016, Declares 40k Final Dividend

Access Bank Plc has announced its audited results for the full year ended 31 December, 2016 and proposed a final dividend of 40 Kobo per share bringing the total dividend for the year to 65 Kobo. In the audited financial results released to the Nigerian Stock Exchange (NSE) on Monday, the Bank reported strong sustainable growth across all its four …

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First Bank, GTBank, Access Bank others among top 500 globally

First Bank of Nigeria Limited, Guaranty Trust Bank Plc, Zenith Bank Plc, Access Bank Plc and the United Bank for Africa Plc have been named among ‘The Top 500 Banking Brands’ of The Banker magazine of the Financial Times  and Brand Finance, London, United Kingdom. In a statement on Sunday by the Country Representative, Nigeria, The Banker magazine, Mr. Kunle Ogedengbe, First Bank led the four other …

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MMM will lead to losses, Access bank warns customers

MMM will lead to losses, Access bank warns customers Access Bank Nigeria Plc has warned its customers to avoid dealing with Mavrodi Mondial Movement, a Ponzi scheme, which has been declared illegal by the Central Bank of Nigeria and the Securities and Exchange Commission. The bank in an emailed statement to its customers said it had come to its attention …

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