Access Bank Plc completes acquisition of Kenya’s Transnational Bank

Access Bank Plc on Monday announced that it had successfully completed the acquisition of the Transnational Bank (Kenya) Plc following receipt of full regulatory approvals and fulfillment of all conditions.

The Company Secretary, Mr Sunday Ekwochi, informed the investing public and the Nigerian Stock Exchange (NSE) in a statement posted on the website of the Exchange.

He said that the bank’s entry into the Kenyan market, a key gateway in East Africa, was bringing it a step closer to its vision of becoming the World’s Most Respected African Bank.

Ekwochi said that the acquisition would give the bank’s customers an opportunity to tap into its extensive global network.

This, he said, would translate into immense business opportunities, efficient digital solutions, competitive products, and unrivaled customer experience.

He quoted Mr. Herbert Wigwe, the bank’s Group Managing Director and Chief Executive Officer, as pledging that the bank would always put customers first in all its dealings.

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