Merger: Access Bank’s loan book hits N3trn - Vanguard News

  • 📰 vanguardngrnews
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 75%

Business News News

Business Business Latest News,Business Business Headlines

Merger: Access Bank’s loan book hits N3trn vanguardngr.com vanguardnews

Executive Director, Retail Banking of the bank, Mr. Victor Etuokwu, who disclosed this yesterday in Abuja, at the Access Bank Business Workshop for Health Practitioners, noted that the bank has also emerged the largest lender to the small and medium enterprises sector.

He stated: “Today, Access Bank has the largest loan book in the industry, about N3 trillion. No other bank has that amount. With our merger with Diamond Bank, we have two banks today, who lend the most to SMEs. Diamond was a major lender to SMEs, same thing with Access Bank. Today, we are the bank that is truly the home for SMEs.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Access, Diamond banks merger: acquired customers lament poor service - Daily Post NigeriaFollowing the recent fusion of Access and Diamond Banks, the acquired customers of the former Diamond Bank have been complaining about poor services they r They should chill abeg things will normalize
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Alleged fraud : Etiebet wants Access, Diamond Bank merger nullified – Daily TrustChief Don Etiebet, a former minister of Petroleum, wants the highly publicised landmark merger between Access Bank and Diamond Bank nullified. In the petition to the Securities and Exchange Commission (SEC), Etiebet drew the attention of SEC to the fact that Access Bank and its Managing Director Herbert Wigwe and other executive directors are currently …
Source: Daily Trust - 🏆 13. / 51 Read more »

How we plan to manage merger — Group Head, Corporate Communications, Access Bank - Vanguard NewsAmaechi Okobi, Group Head, Corporate Communications at Access Bank Plc, speaks on the bank and Diamond Bank’s merger plans, and the creation of a new brand identity.
Source: vanguardngrnews - 🏆 5. / 75 Read more »