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Tag Archives: Access Bank

Why CBN approved Roosevelt Ogbonna as Access Bank Deputy Managing Director

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Following the resignation of former Deputy Managing Director of Access Bank Plc, Mr. Obinna Nwosu who left to pursue his personal endevours and the approval of Mr. Roosevelt Ogbonna as the new Group Deputy Managing Director by the board of the bank, the Central Bank of Nigeria (CBN) has given nod for the appointment. A statement by the bank revealed ...

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Access Bank crosses risky limit as Capital Adequacy Ratio hits 21 per cent

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With liquidity ratio at 43 per cent after the implementation of risk management framework, Access Bank Capital Adequacy Ratio (CAR) currently stands at 21 per cent. The CAR for banks in Nigeria stands at 10 percent and 15 percent for national or regional banks with international banking licence respectively. According to the stress test conducted by the Central Bank of ...

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