Access Bank Plc.

Type	Public NSE :ACCE
Founded	1989
Headquarters	1665 Oyin Jolayemi Street, Victoria Island, Lagos, Nigeria
Key people	Aigboje Aig-Imoukhuede, Group Managing Director and Chief Executive Officer, Herbert Wigwe, Group Deputy Managing Director
Industry	Banking
Products	Loans, Credit Cards, Savings, Investments, Mortgages
Revenue	▲ US$193 million (2009)
Total assets	US$4.8 billion+ (2009)
Employees	1,434
Website	http://www.accessbankplc.com

Access Bank Plc., commonly known as Access Bank, is a commercial bank in Nigeria. The bank is one of the leading financial services providers in Nigeria, with an asset base in excess of US$4.8 billion, as of May 2009.^[1]

Contents 1 Locations 2 History 3 Subsidiaries 4 External links 5 See also 6 References

[edit] Locations

The bank's headquarters is located in Lagos, Nigeria's commercial capital. Access Bank has in excess of 118 bank branches in Nigeria's major commercial centers.

Starting in 2007, Access Bank began an International expansion drive. As of May 2009, it has subsidiaries in Burundi, the Democratic Republic of the Congo, The Gambia, Ivory Coast, Rwanda, Sierra Leone, United Kingdom, and Zambia.

• Cote d'Ivoire — Omnifinance Bank.^[2]
• Democratic Republic of the Congo - Banque Privée du Congo.^[3]
• Rwanda — Access Bank Rwanda.^[4]
• Sierra Leone — Access Bank Sierra Leone has a head office and one branch.
• The Gambia - Access Bank (Gambia).^[5]
• United Kingdom - Access Bank has a head office and one branch.
• Zambia - Access Bank established a subsidiary.
• Burundi - Finbank Burundi^[6]

[edit] History

The bank received its license from the Central Bank of Nigeria in 1989, and listed on the Nigerian Stock Exchange in 1998.

• 2005: Access Bank acquired Marina Bank and Capital Bank (the former Commercial Bank (Credit Lyonnais Nigeria) by merger.
• 2007: Access Bank established a subsidiary in Banjul, The Gambia. This bank now has a head office and four branches, and the bank has pledged to open another four branches.
• 2008: Access Bank acquired 88% of the shares of Omnifinance Bank, which was established in 1996. It also acquired 90% of Banque Privée du Congo, which South African investors had established in 2002. Access Bank acquired 75% of the shares of Bancor SA, in Rwanda. Bancor had been established in 1995 and reorganized in 2001. In September Access Bank opened a subsidiary in Freetown, Sierra Leone, and then in October, the bank opened subsidiaries in Lusaka, Zambia and in London, United Kingdom.
• 2009: Finbank (Burundi) joined the Access Bank network

[edit] Subsidiaries

• Access Bank (Nigeria)
• Access Bank (Gambia)
• Omnifinance Bank - Ivory Coast
• Banque Privee du Congo - DRC
• Access Bank (Rwanda)
• Access Bank (Zambia)
• Finbank - Burundi
• Access Investments and Securities Limited - Nigeria
• United Securities Limited

[edit] External links

• Access Bank Homepage
• Key Statistics on Access Bank Plc.

[edit] See also

• List of banks in Nigeria

[edit] References

1. ^ Access Bank Total Assets
2. ^ Bienvenue à Omnifinance (French)
3. ^ Banque Privee Du Congo
4. ^ Access Bank (Rwanda) Limited
5. ^ Access Bank (Gambia) Limited
6. ^ Finbank becomes part of Access Bank

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