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Tag Archives: Access Bank Plc

Lafarge, Access Bank, Seplat, UBA now members of NSE premium board

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The Nigerian Stock Exchange (NSE) on Monday put paid to its earlier announcement that the quartet of Access Bank Plc, Lafarge Africa Plc, Seplat Petroleum Development Company Plc and United Bank for Africa Plc have satisfied all protocols to become prestigious members of its Premium Board by admitting them. The NSE Premium Board and the associated Premium Board Index were ...

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Access Bank, PaySend driving new generation of money transfer technologies

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Access Bank Plc. has revealed that its growing partnership with card-to-card payments disrupter and financial technology firm, PaySend is to deepen access to new generation of money transfers to the African markets. At present PaySend’s technology works for all Visa, Mastercard and Verve cards issued by Access Bank in Nigeria, but the company wants to go further. Currently, the financial ...

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Access Bank unveils student credit card to drive financial inclusion in schools

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Leading retail banking giant, Access Bank Plc has introduced a credit card for students of tertiary institutions across the country. A statement issued by the bank and made available to Business Hilights weekend said the credit card, tagged Access Bank Student Credit Card, is meant to specifically address financial challenges of the holder. According to the Executive Director in charge ...

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Why Access Bank bagged Euromoney’s Best Commercial Banking Capabilities award

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Facts have come up as to why leading financial institution, Access Bank Plc won the ‘Best Commercial Banking Capabilities’ award by Euromoney, a global financial publication. Euromoney in its recently released results of the annual Private Banking and Wealth Management Survey noted that Access Bank’s Commercial Banking Capabilities showed significant improvement within the past year. The award is given to ...

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Some banks (Tier-2) at risk of going down should dollar hit N450— Fitch Report

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—UBA, Zenith, Access, 2 others strong A recent stress test conducted by leading international financial surveillance agency, Fitch Ratings has indicated that some tier-2 banks (banks with total assets less than N2tn) will fall below the capital adequacy ratio of the Central Bank of Nigeria should the naira depreciate to 450/United States dollar. The agency was quick to aver that ...

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Access Bank ups CSR, pledges new male hostel, Zik’s Flats renovation at UNN

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The Group Managing Director of Access bank Plc., Mr. Herbert Wigwe has promised to build a new male hostel for the students of University of Nigeria, Nsukka (UNN). The bank also pledged to renovate the dilapidated Zik’s flats to help solve accommodation problem in the institution. Besides, the financial institution has also provided financial leverage for indigent students of the ...

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Access Bank, Western Union reward customer with new car

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In keeping with its customer-centric policy, Access Bank Plc’s customer has been presented with brand new car at an event in Lagos as one of the winners in the Western Union year-end promotional campaign. Access Bank was among the lenders which participated in the promo which ran last year. The money transfer company had ran a year-end promo last year ...

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Why Access Bank gazetted paternity leave for male employees

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Inculcation of an inclusive workplace regime (IWR) has been explained as the core reason why leading banking group, Access Bank Plc, beginning from January 2018, approved the parental leave policy that extends paid benefits to all new mothers and fathers. Otherwise, with effect from this month, male employees of Access Bank Plc can take advantage of an enhanced parental leave ...

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Access, UBA lead other 8 banks to drive N93trn inflow to FIS, currency

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Between January and November in 2017, about 10 financial institutions led by Access Bank Plc, Ecobank Nigeria Limited and Stanbic IBTC Bank Plc, facilitated investment in fixed income securities (FIS) and currency valued at N93.36 trillion on the FMDQ OTC Securities Exchange. Others are United Bank for Africa Plc, standard Chartered Bank Nigeria Limited, First Bank of Nigeria Limited, Diamond ...

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Access Bank pulls $250m to drive MSMEs in agric sub-sector

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In a show of keying in to the federal government agro-driven diversification, Access Bank Plc has said it will provide funding for the Micro, Small and Medium Enterprises (MSMEs), at an attractive interest rate. Executive Director, Business Banking, Access Bank Plc, Titi Osuntoki, said the bank had secured not less than $250m from multilateral agencies to be released as low-interest ...

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