Access Bank Plc
2018 in retrospect: A year full of killings and national rebirth in some ways
Although defection from one political party to another is not new in Nigerian politics, but the number of politicians who dumped their parties ahead of next year’s general elections was unprecedented.
Access Bank targets additional $250m Tier II issuance
Ahead of preparations to create the largest financial institution in Africa with a robust capital buffer, Access Bank Plc has finalised terms to raise $250 million Tier II capital issuance, which will be available for draw down by January 2019. This is in addition to the planned fund raising exercise of about N75 billion ($207…
‘Banking is beyond keeping money’
The Chief Executive Officer of Access Bank Plc, Herbert Wigwe, has said that the business of banking not all about keeping of money for depositors, but more about the overall socio-economic development. The banker, who made the observations, when the bank celebrated 10 years of promoting sustainable banking, with a week-long event held across branches…
Access Bank, Microsoft discuss technology in banking
The Group Managing Director of Access Bank Plc, Herbert Wigwe, will meet with the Chief Executive Officer of Microsoft, Satya Nadella, tomorrow to discuss issues about strengthening banking security and providing valued added services on digital platforms with technology.
Court freezes businessman’s accounts for alleged $158, 000 fraud
A Lagos Federal High Court, has granted an order freezing the accounts of a Lagos-based businessman, Mr. Ayeni Oluwafemi Oluwale and his company, Femglare International Limited over alleged US$158,000 alleged fraud. This followed an ex-parte application filed by the Economic and Financial Crimes Commission (EFCC) and argued by one of its counsel, Mr George Chia –Yakua…
Nigerian Banks' Twitter Banter Goes Viral
Sterling Bank may not be the most popular bank in Nigeria. But on Saturday, it crept into the consciousness of many Nigerians, perhaps, potential customers, all thanks to a tweet, which has since gone viral. The tweet is a less-than-subtle shade thrown at the banks' rivals including Guaranty Trust Bank, Access Bank, First Bank and…
Access Bank facilitates 20 new businesses through German Desk
Access Bank Plc’s newly set up German Business Desk has strengthened Nigeria-German bilateral trade with more than 20 new businesses registered since the unit came into operations in 2017.Besides, the bank reiterated commitment to continue to sustain support for Small and Medium Enterprises (SMEs) with accessible fund to grow their businesses.
Access Bank’s SME loan portfolio hits N60 billion
Access Bank Plc may have empowered the Small and Medium scale Enterprises (SMEs) in the country as its loan portfolio reaches N60 billion mark.Besides, the bank disclosed that it currently has about 250,000 SMEs’ accounts, which it hoped to double in a short while.
Access Bank designs card for students, financial literacy
Succor came the way of students in tertiary institutions across the country as Access Bank Plc has designed student credit card, specifically developed to address students’ needs with immediate access to cash.
Access Bank posts N72.9b pre-tax profit in Q3
Access Bank Plc has recorded increase in pre-tax profits from ₦69 billion in September 2016, to ₦72.9 billion for the third quarter (Q3) ended September 30, 2017.