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Access Bank Plc (Nigeria)

Main Activities: Commercial Banking
Full name: Access Bank Plc Profile Updated: November 01, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English Download a sample report

Access Bank Plc is a full service commercial bank operating through a network of over 80 branches and service outlets located in all major commercial centres and cities across Nigeria. Access Bank Plc was incorporated in 1989 as a private limited liability company with ownership residing with Nigerians and Nigerian institutional investors. The Bank was subsequently listed on the Nigerian Stock Exchange in 1998. The Bank's shareholding structure is varied and diverse with less than five individuals directly or indirectly holding more than 5% of the issued shares of the Bank. In January 2002, it was successfully recapitalised and consequently came under its current leadership. With an assemblage of formidable and tested professionals demonstrating track records of excellence, the Bank has since undergone a transformation process which has positively impacted every area of its culture, operations and financial performance and has propelled it into the ranks of Nigeria's leading banks. The Bank has been at the forefront of economic diplomacy, cultivating deep strategic relationships with key international financial institutions who seek to do business with Nigeria such as the International Finance Corporation, Netherlands FMO, European International Bank and US EXIM.Access Bank Plc notified The Exchange that January 31, 2012 marks the completion of its acquisition of Intercontinental Bank as the two financial institutions merged into a single entity.

Legal Address
The Plaza, 999c Danmole Street,Off Adeola Odeku/Idejo Street,Victoria Island
Lagos; Lagos;

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Website: http://www.accessbankplc.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1989
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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13.45%
Subsidiaries
Access Bank Guinea S.A Banking (Guinea)
100%
Access Bank R.D. Congo (Congo)
100%
Access Pension Fund
100%
Company Performance
Financial values in the chart are available after Access Bank Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NGN. Absolute financial data is included in the purchased report.
Net interest income
59.71%
Operating profit (EBIT)
11.81%
Net Profit (Loss) for the Period
2.64%
Total assets
44.25%
Total equity
24.4%
Total Assets Trend
23.48%
Net Interest Income Trend
53.51%
Loans to Deposits Ratio
-1.47%
Loans to Asset Ratio
1.4%

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