Categories: Business & Brands

Access Bank PLC Completes Acquisition Of Standard Chartered Bank Angola S.A. And Standard Chartered Bank (Sierra Leone) Limited

Access Bank PLC has completed the acquisition of Standard Chartered Bank Angola S.A. and Standard Chartered Bank (Sierra Leone) Limited.

 

Glamtush reports that further the bank’s July 14, 2023 announcement regarding the above subject, Access Holdings PLC (‘Access Holdings’ or ‘the Company’) is pleased to announce that its flagship subsidiary, Access Bank PLC (‘Access Bank’ or ‘the Bank’) has completed the acquisition of Standard Chartered Bank Angola S.A and Standard Chartered Bank (Sierra Leone] Limited (‘the Acquisitions’).

Commenting on the completion milestone, Roosevelt Ogbonna, the MD/CEO of Access Bank PLC and CEO of the Banking Group said:

‘We are pleased to have successfully concluded 2 important acquisitions in Angola and Sierra Leone, affording us synergies to strengthen the quality of our earnings from both countries by significantly growing our share of the Corporate and SME banking in the two markets. The combinations represent another significant step towards our broader vision of becoming the Worlds Most Respected African Bank.’

 

The parties are working on the completion of transactions that would see Access Bank acquire Standard Chartered Bank’s subsidiaries in Cameroon,  the Gambia and its Consumer, Private and Business Banking business in Tanzania.

Access Holdings shall continue to make disclosures as and when required.

AddThis Website Tools
GLAMTUSH

Recent Posts

BBNaija Season 10: 14 Male Housemates Unveiled After Previous Female Reveal

BBNaija Season 10 has unveiled 14 male housemates after the previous female reveal on Saturday.…

20 hours ago

Star Life: Sacred Love Teasers August 2025

Star Life’s series, Sacred Love teasers August 2025, has been highly anticipated by fans and lovers…

1 day ago

WAFCON: Ajibade, Nnadozie Win Best Player, Goalkeeper Awards

Ajibade and Nnadozie won the best player and goalkeeper awards at the just concluded WAFCON…

1 day ago

Meet The 15 Female Housemates Of BBNaija Season 10

Meet the 15 female housemates of BBNaija Season 10, who will bring their vibes to…

2 days ago

UPDATED: Super Falcons Lift 10th WAFCON Trophy

The Super Falcons have lifted their 10th WAFCON trophy.   Glamtush reports that the Super Falcons…

2 days ago

BBNaija S10: 15 Beautiful Female Housemates Enter Into Biggies House

On the first day of the BBNaija S10 double launch, 15 beautiful female housemates entered…

2 days ago