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Access Bank Completes Acqusition Of Transnational Bank (Kenya) - Business - Nairaland

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Titan Trust Bank Completes Takeover Of Union Bank / Access Bank Plc Completes Acqusition of Transnational Bank (Kenya) Plc / Access Bank Sets To Acquire Transnational Bank In Kenya (2) (3) (4)

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Access Bank Completes Acqusition Of Transnational Bank (Kenya) by Ravon: 3:34pm On Jul 20, 2020
Sequel to its earlier announcement on October 28, 2019, the Board of Access Bank PLC is pleased to inform the investing public and the Nigerian Stock Exchange of the Bank's successful completion of the acquisition of Transnational Bank (Kenya) Plc.

This follows the receipt of full regulatory approvals and fulfilment of all conditions precedent to completion.

The Bank's vision is to be the World's Most Respected African Bank and our entry into the Kenyan market, a key gateway in East Africa, not only brings us closer to that vision but entities our customers tap into our extensive global network that translates into immense business opportunities, robust and efficient digital solutions, competitive products and unrivalled customer experience.

Commenting on the acquisition, M. Herbert Wigwe the Bank's Group Managing DiredtorfChief Executive Officer said,

"We are excited to make an entry into the vibrant Kenyan market Wie pledge to put our customers at the forefront of everything we do Through the creation of a world-class payment system, we will build and support our wholesale and retail customers using our strong customer insights to deliver beyond their expectation.

We are indeed grateful to the regulators tor the confidence imposed in us throughout this transaction and we acknowledge the support of our team of world-class advisors whose hard work made this deal possible."


Access Bank Plc is a leading full-service commercial Bank operating through a network of more than 600 branches and service outlets, spanning three continents, 12 countries and 36 million customers. The Bank employs 28,000 thousand people in its operations in Nigeria, Sub-Saharan Africa and the United Kingdom, with representative offices in China, Lebanon, India and the UAE.

https://brandspurng.com/2020/07/20/access-bank-plc-completes-acqusition-of-transnational-bank-kenyal-plc/

12 Likes 1 Share

Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by rastaLivity: 3:38pm On Jul 20, 2020
That’s why they were stealing from me exorbitant charges to complete their funds




Modified- Please who know how much is standard chartered bank savings account monthly interest rate? Heard they’re the best

46 Likes 4 Shares

Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by Amotolongbo(f): 3:41pm On Jul 20, 2020
Na only to acquire another bank dem sabi.

They have to lay off about 60% of their workers and deduct some amount of their customers’ deposits to acquire the bank in Kenya.

34 Likes

Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by mandalorian: 4:01pm On Jul 20, 2020
The CEO of Access Bank must be a disorganised person aswear. The only "good" news I hear with access bank in it is "acquired".

28 Likes 2 Shares

Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by Kendumazy(m): 4:01pm On Jul 20, 2020
Good one
Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by crossfm: 4:01pm On Jul 20, 2020
Another deduction saga loading.The way these guys deduct money from account, even Anini da learn work.

29 Likes

Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by Balenciagaokey: 4:01pm On Jul 20, 2020
angry

Congratulations Access Bank.

I miss Diamond bank.

12 Likes

Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by cystem(m): 4:02pm On Jul 20, 2020
Access Bank with big daddy moves. I hope they'd manage up well and not go down on service delivery.

14 Likes

Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by Legitz: 4:02pm On Jul 20, 2020
FCMB is the most useless bank of the year

18 Likes 1 Share

Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by Dpharisee: 4:02pm On Jul 20, 2020
That Dozie guy who inherited Diamond Bank from his father almost ran it aground but Herbert Wigwe and his team used their dexterity to acquire it and now they are expanding beyond Nigeria. Kudos

19 Likes

Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by Emmyloaded: 4:02pm On Jul 20, 2020
ok
Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by simplemach(m): 4:02pm On Jul 20, 2020
Watch out for further deductions from their customers, maybe this time for Covid 19 charge. And sacking of more staff to get money to pay the balance....

2 Likes

Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by Omihanifa: 4:02pm On Jul 20, 2020
More overhead cost
Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by Privatepart00: 4:02pm On Jul 20, 2020
To deduct customers money later

1 Like

Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by asatemple(f): 4:02pm On Jul 20, 2020
Let them continue. That's why they find it difficult to give customers interest

2 Likes

Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by loadedvibes: 4:03pm On Jul 20, 2020
Na this one make them be wan collect our money 2weeks back under the guise of stamp duty. Nawa sha.. please come and buy your kids Educational Tablets now . So your kids can learn as they play.

1 Like

Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by Akabuking: 4:03pm On Jul 20, 2020
No wonder, they no dey take eye see credit alert for my account.

6 Likes

Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by obajoey(m): 4:03pm On Jul 20, 2020
This one access bank dey swallow other banks, I hope they don't start vomiting one day, temi ye mi o
Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by UDUJ(m): 4:03pm On Jul 20, 2020
I am patiently waiting for the funny comments to start pouring in cheesy

4 Likes

Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by Slawormir: 4:04pm On Jul 20, 2020
Damnnnnn niggarrr
Isoright
Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by Nobody: 4:05pm On Jul 20, 2020
Access bank dey try sha in terms of acquisition. Too much money is talking!
Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by kiddkash(m): 4:05pm On Jul 20, 2020
1) make money
2) more money
3) more money
4)more moneyyyyyyyyyy

3 Likes

Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by wenson(m): 4:05pm On Jul 20, 2020
Make dem better no carry dsame leg wey dem use 4 Naija go dere o.
Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by TwentyOnePilots(m): 4:06pm On Jul 20, 2020
undecided
Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by ainas247: 4:06pm On Jul 20, 2020
wink wink
Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by Ayoothniel1(m): 4:06pm On Jul 20, 2020
G
Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by SpicyMimi(f): 4:06pm On Jul 20, 2020
Access the scavengers

1 Like

Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by adeoba2008(m): 4:07pm On Jul 20, 2020
No wonder Access Bank has failed to reverse my #3,800 naira since 30th March 2020. I have used all available channels including complaining twice at the customer care unit in Dugbe centre but the bank still failed to refund my hard earned money.

9 Likes 1 Share

Re: Access Bank Completes Acqusition Of Transnational Bank (Kenya) by uvie66: 4:07pm On Jul 20, 2020
The only country where you are charged card maintenance fees.

4 Likes

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