We are delighted to announce that Chuma Ajene, Head of Strategic Investments at Access Bank, will be speaking at AFSIC - Investing in Africa, 7-9th October 2024. Company Overview: Access Bank is Nigeria’s largest bank by total assets of US$31 billion at the end of December 2023 and a leading full service commercial bank serving over 60 million customers globally and operating through a network of 675 branches and outlets spanning over 15 countries spread across 3 continents.
The Bank retains strong presence in Nigeria, and across its subsidiaries in Sub-Saharan Africa, and the United Kingdom (which oversees a branch in Dubai, UAE) and representative offices in China, Lebanon and India, employing over c. 6,500 people in its operations.
The Bank is a diversified financial institution which combines a strong retail customer franchise and digital platform with deep corporate banking expertise underpinned by proven risk and capital management capabilities. It serves its various markets through four business segments: Retail, Business, Commercial and Corporate.
Over the past 20 years, the Bank has leapfrogged from the 89th position to become firmly established as part of the top 3 banks in Nigeria and number 1 by total assets, through value accretive M&A transactions as well as strong organic growth stemming from well-executed strategic initiatives. In particular, Access Bank has successfully integrated four Nigerian banks into its operations, demonstrating the Bank’s solid M&A execution and post-transaction integration capacity. Furthermore, geographically, we have grown our African presence through acquisitions, entering new markets including Angola, Kenya, Mozambique, South Africa, Tanzania, and Uganda, as well as strengthening our presence in markets such as Zambia, Cameroon, The Gambia and Sierra Leone.
Following its merger with Diamond Bank Plc in March 2019, Access Bank became one of Africa's largest retail banks by retail customer base. As part of our continued growth strategy, Access Bank is focused on mainstreaming sustainable business practices into its operations. The Bank strives to deliver sustainable economic growth that is profitable, environmentally responsible, impactful and socially relevant, helping customers to access more and achieve their dreams. As at 31 December 2023, the Bank's shareholders' equity exceeded US$2.5 billion, with customer loans and customer deposits of US$11 billion and US$18 billion, respectively.
Register NOW to attend AFSIC – Africa’s Investment Event, 7-9th October 2024. London
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Managing Director at BEFIT PROPERTIES
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