Again, Access Bank Secures Deal To Take Over Another Bank, CEO Shares Excitement [Video]

• Access Bank United Kingdom, a subsidiary of Access Holdings, has agreed to acquire a majority stake in Afrasia Bank
• Afrasia Bank is Mauritius’ fourth-largest bank and will further help Access Bank expand into more African markets
• Roosevelt Ogbonna, the managing director/CEO of Access Bank Plc and CEO of the Banking Group, shared his excitement

Dave Ibemere, a journalist at Legit.ng, has been reporting on business for over ten years. He has deep knowledge of the Nigerian economy, stock market, and general market trends.

Access Holdings Plc, through its banking subsidiary, Access Bank UK Limited, has secured a deal to acquire a majority stake in Afrasia Bank Limited, Mauritius’ fourth-largest bank by assets.

The deal was disclosed in a statement on the Nigerian Exchange (NGX) signed by Sunday Ekwochi, Access Holdings’ secretary.

After recent Kenya and Tanzania acquisitions, the Afrasia Bank deal …