On Tuesday, 29 September, Access Bank Plc (NSE Ticker: ACCESS) announced that the Bank will be restructuring to a holding company (“HoldCo”). In its corporate release, the Bank said it has received the Central Bank of Nigeria’s Approval-in-Principle.

The proposed HoldCo structure would enable the Bank to further accelerate its objectives around business diversification, improved operational efficiencies, talent retention as well as robust governance.

ACCESS also announced definitive agreements to bolster its market position in Mozambique and enter the South African market. ACCESS entered the Zambian market with its acquisition of Cavmont Bank...


Read full article at https://investogist.com/access-going-for-holding-company-structure-enters-south-african-market/

There two things about Access Bank Plc. Either she is going to become a major force in Africa or she would scale beyond her capacity and crumble.


Either way, it's exciting to see NIgeria company colonizing Africa busines landscape.

ehinmowo:
There two things about Access Bank Plc. Either she is going to become a major force in Africa or she would scale beyond her capacity and crumble.


Either way, it's exciting to see NIgeria company colonizing Africa busines landscape.

You are right. The bank's target is to become a major force in Africa Banking industry.

ehinmowo:
There two things about Access Bank Plc. Either she is going to become a major force in Africa or she would scale beyond her capacity and crumble.


Either way, it's exciting to see NIgeria company colonizing Africa busines landscape.

Well, success or failure, aren't these the possible end results of every hustle?

Hope they succeed.