…Designs Chinese Online Platform

Access Bank has unveiled a Chinese-language online banking platform aimed at addressing the financial needs of Chinese enterprises and expatriates in Nigeria. The initiative introduces the Mandarin feature on the AccessMore App.

The launch which was announced during the 2025 Economic Outlook: Insights and Perspectives dialogue in Lagos on Friday, is a significant step toward advancing digital inclusive finance and fostering stronger trade relations between Nigeria and China.

Speaking at the event, China’s Consul General in Lagos, Yan Yuqing, commended Access Bank for the innovation, describing it as a groundbreaking initiative that eliminates language and cultural barriers in financial services. “This project not only provides Chinese enterprises and individuals with more convenient, safe, and efficient financial services but also builds a more efficient bridge for economic and trade exchanges between China and Nigeria,” she stated.

The launch comes at a time of flourishing bilateral trade between the two nations, with total trade volume reaching $17.12 billion between January and October 2024. Exports from Nigeria to China accounted for $2.42 billion, marking a 34.5 per cent year-on-year growth. Yuqing emphasized the importance of leveraging such innovations to further promote Nigerian agricultural and mineral exports to China.

“Trade development cannot be separated from the support of financial services. This platform serves as a valuable tool in deepening cooperation and assisting more Chinese investments in Nigeria, ultimately contributing to Nigeria’s modernization.

“It not only provides Chinese enterprises and individuals with more convenient, safe, and efficient financial services, eliminating language and cultural barriers, but also builds a more efficient bridge for economic and trade exchanges between the two sides, offering valuable insights for future China-Nigeria cooperation.

“China remains committed to high-level openness, becoming the main trade partner for more than 140 countries and contributing about 30 per cent to the world economy. The innovation of financial products plays a leading role in promoting China-Nigeria economic cooperation.

Acting CEO of Access Holdings, Bolaji Agbede, hailed the initiative as a testament to the bank’s commitment to meeting the unique needs of its international clients. “We are proud today to unveil the Mandarin language feature on our AccessMore mobile application. This platform bridges the gap between the local market and the needs of the Chinese community, ensuring the products we create are tailored specifically for you,” Agbede said.

She further highlighted Access Bank’s long-standing relationship with the Chinese community, beginning with the establishment of its Chinese Desk in 2013. “Your business is important to us, and we are committed to equipping you with the tools and insights needed to navigate an ever-evolving global economy,” he remarked. He also noted the bank’s extensive global presence, with operations in key markets, including Hong Kong, Dubai, and the United Kingdom, aimed at facilitating seamless cross-border financial interactions.

The dialogue also highlighted China’s economic achievements, which have bolstered international confidence. In 2024, China recorded a 4.8 per cent GDP growth, driven by measures such as boosting domestic demand, stabilizing the real estate market, and increasing support for enterprises. These developments have positioned China as a top investment destination, with its trade partnerships spanning over 160 countries.