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Access Bank completes acquisition of Kenyan bank

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Access Bank Plc on Monday announced the completion of the acquisition of Transnational Bank Plc.

The bank, in a notice to the investing public and the Nigerian Stock Exchange, noted that the acquisition followed the receipt of full regulatory approvals and fulfillment of all conditions precedent to completion.

“We pledge to put our customers at the forefront of everything we do. Through the creation of a world-class payment system, we will build and support our wholesale and retail customers using our strong customer insights to deliver beyond their expectations,” he added. The discussion, according to a notice obtained from the NSE is regarding a potential transaction between Access Bank Zambia and Cavmont Bank Limited, a wholly owned subsidiary of Cavmont Capital.

 

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