Roosevelt Ogbonna Archives – CEO East Africa

Access Bank Plc set to acquire National Bank of Kenya from KCB Group Plc

by Muhereza KyamuteteraAfrica Company News East Africa The Big StoryMarch 20, 2024March 20, 2024

In yet another solid step towards its 5-year growth and expansion strategy to become the “World’s Most Respected African Bank”, Access Bank Plc has announced that it has signed a binding agreement to acquire 100 per cent of KCB Group Plc’s shareholding in the National Bank of Kenya Limited.This is…

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Stanbic Bank Uganda’s Executive Director, Emma Mugisha joins Access Bank Plc

by Muhereza KyamuteteraCompany News The Big Story Women In LeadershipFebruary 13, 2024February 23, 2024

Emma Mugisha, the current Executive Director and Head of Business Banking at Stanbic Bank Uganda has been picked by Nigeria’s pan-African Access Bank Plc, for a continental regional role, that we understand, includes overseeing Access Bank Plc’s integration of its recent acquisition on the continent.According to our sources, who decline…

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DO OR DIE! Why Capital-Strapped Finance Trust Bank had to sell

by Muhereza KyamuteteraFinance News & Analysis The Big StoryJanuary 19, 2024January 19, 2024

Access Bank Plc (Access), one of Africa’s largest banking groups, is acquiring 80% of Uganda’s Finance Trust Bank, it has been confirmed.CEO East Africa Magazine first broke news of the transaction but the concerned officials were at the time tight-lipped about the transaction.But in a press release this morning, the…

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Nigeria’s Access Bank Plc set to acquire Uganda’s Finance Trust Bank

by Muhereza KyamuteteraAfrica Finance News & Analysis The Big StoryDecember 26, 2023December 26, 2023

Access Bank Plc (Access), one of Africa’s largest banking groups, is set to acquire Uganda’s Finance Trust Bank, highly-placed industry sources have told CEO East Africa Magazine.Access Bank Plc, which has been on an acquisition spree on the African continent, according to our sources is “dotting the I’s and crossing…

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Stanchart sells interests in Angola, Cameroon, Gambia, Sierra Leone and its Tanzanian retail business to Nigeria’s Access Bank Plc

by Muhereza KyamuteteraCompany News News & Analysis The Big StoryJuly 14, 2023July 14, 2023

Standard Chartered (the Bank) and Access Bank Plc (Access) have today, July 14th entered into agreements for the sale of Standard Chartered’s shareholding in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone, and its Consumer, Private & Business Banking (CPBB) business in Tanzania. Each transaction remains subject to the…

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