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CBK Okays Access Bank To Acquire Transnational Bank

CBK press release

Central Bank of Kenya on 17th January  2020 approved Nigerian Access Bank to acquire up to 100% shareholding rights of Kenyas Transnational Bank.

Access Bank will effectively take the banks control as from 1st February 2020.

Transnational Bank had 28 operational bank branches across Kenya.

Access Bank is the biggest bank in Nigeria with presence in other African countries including; Ghana, Rwanda, Zambia, DRC and Sierra Leone. Outside Africa, the lender has offices in United kingdom, United Arab Emirates, China, Lebanon and India.


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