‘Deal Almost Done’: Access Bank Set to Buy Another Bank, Finance Director Confirms Date [Video]

• Access Bank is expected to complete the acquisition of National Bank of Kenya by the end of September 2024
• The acquisition will strengthen Access Bank’s presence in East Africa, aligning with its strategy to pursue growth opportunities across the continent
• The Central Bank of Kenya and other regulatory bodies have already approved the transaction, allowing for a smooth transition

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

Access Bank is expected to finalise its acquisition of the National Bank of Kenya (NBK) by September 30, 2024.

The deal has been under negotiation for several months and marks a significant milestone in Access Bank’s strategic expansion across Africa.

The acquisition will see Access Bank, Nigeria’s largest lender by assets, solidify its footprint in Kenya, a key market in the …