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Home Finance

Nigerian Access Bank looks to deals to drive geographic expansion

FurtherAfrica by FurtherAfrica
January 20, 2023
in Africa, Finance, Nigeria
Reading Time: 1 min read
803 16
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Nigeria’s biggest bank picks 8 countries for expansion
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Access Bank considers US, France, Malta for expansion Lagos-based lender details plans in five-year strategy filing

Access Bank Plc, Nigeria’s biggest lender by assets is considering acquisitions as it looks to expand operations to 26 countries over the next five years, up from 16 currently.

Also read: Nigeria artists conquer the NFT marketplace in Africa

The Lagos-based lender plans to enter new markets including the US, France, Hong Kong and Malta, as well as African countries such as Namibia, Angola, Ethiopia and Egypt it said in five-year strategy presentation posted on the website of the Nigerian Exchange.

Related

Source: Bloomberg
Tags: Access Bank PlcAfrican countriesAngolaBusinessEconomyEgyptEthiopiaFinanceFranceHong KongMaltaNamibiaNigeriaNigerian Access Bank looks to deals to drive geographic expansionNigerian exchangeUSнигерияنيجيرياナイジェリア尼日利亚
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