Monday, December 23

Access Bank Acquires Kenya’s Transnational Bank

By Dayo Omoogun

Access Bank Plc has announced the successful completion of the acquisition of Transnational Bank Plc, of Kenya, TNB.

 

This was disclosed through a statement signed by the bank’s Company Secretary, Sunday Ekwochi.

“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 statement read.

Herbert Wigwe, Group Managing Director, Access Bank Plc, in a jubilatory mood said: “We are excited to make an entry into the vibrant Kenyan market. We pledge to put our customers at the forefront of everything we do.

 

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