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Tuesday, July 21, 2020

Access Bank Completes Transnational Bank Acquisition

    July 21, 2020   No comments

Access Bank

Nigerian Access Bank on Monday announced completing the acquisition of 99.98 per cent shareholding of Kenya's Transnational Bank.

This follows after Access Bank move to acquire Transnational Bank was approved by the Central Bank of Kenya (CBK) on 17th January 2020.

Access Bank CEO felt that getting entry into Kenya is a big milestone in conquering East Africa and in fulfilling the bank's vision to be the World Best African Bank.

We are pleased to make an entry into the vibrant Kenyan market. We pledge to put our customers at the forefront of everything we do. We will walk in their shoes,understand their lifestyles and help them fulfill their dreams.
We are indeed grateful to the regulators for the confidence reposed in us throughout this transaction and we acknowledge the support of our team of the world class advisors whose hard work made this deal possible, said Access Bank Group CEO, Mr. Herbert Wigwe

Access Bank

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Mwabaya Katana

About Mwabaya Katana

Mwabaya Katana is a Finance Online Researcher and Writer.He is the founder of 'Loans Kenya' Blog.

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