AP

Access Bank Plc

www.accessbankplc.com link_icon

Access Bank Market Research Report



Company Overview



  • Name: Access Bank Plc

  • Mission: To encourage and deliver sustainable economic growth that is profitable, environmentally responsible, and socially relevant.

  • Foundation: Access Bank was founded over 30 years ago and has grown to become one of the leading banks in Nigeria.

  • Key People: No specific individuals are mentioned.

  • Headquarters: No information is available on the exact location.

  • Number of Employees: Approximately 28,000 people.

  • Revenue: No specific revenue information is provided.

  • Known For: Access Bank is known for its strong compliance, risk management, trade finance, and its corporate social responsibilities such as the Access Bank Lagos City Marathon.


Products



Mobile Banking


  • Description: Mobile banking is Access Bank's service for banking on-the-go, making banking accessible, faster, and secure.

  • Key Features: Accessible via mobile devices, secure transactions, 24/7 availability.


Online Banking


  • Description: Offers financial services online from any device.

  • Key Features: Convenience, secure access, wide range of services.


American Express Cards


  • Description: Access Bank offers AMEX Gold and Platinum cards, which are dual currency cards.

  • Key Features: Dual currency, global acceptance.


*901# Banking Solution


  • Description: A convenient and secure way to access banking services using any mobile phone.

  • Key Features: Available 24/7, USSD code for transactions.


Quick Loans


  • Description: Provides quick access to cash for emergencies.

  • Key Features: Instant loan application, repayable at next payday or within 30 days.


Recent Developments



  • Acquisitions:

  • Access Bank signed an agreement to acquire a 100% equity stake in South African-based Bidvest Bank.

  • Completed the acquisition of Standard Chartered Bank Angola S.A. and Standard Chartered Bank Sierra Leone Limited.

  • International Expansion:

  • The Access Bank UK Limited launched Access Bank Malta Limited to enhance Europe-Africa trade ties.

  • Expanded its footprint with a new branch in Hong Kong, becoming the first West African bank in Asia.

  • Corporate Social Responsibility:

  • Donated over ₦1 billion to support flood relief efforts in Maiduguri.

  • Community Investments:

  • Continued support for initiatives like the Lagos City Marathon and Malaria to Zero campaign.


Conclusion



This report outlines Access Bank's strategic initiatives, product offerings, and recent developments highlighting its commitment to sustainable growth and community empowerment. As a leading full-service commercial bank, Access Bank continues to expand its international presence and solidify its position in the African and global banking landscape.