The bank hopes the Mauritian foray to position itself for trade finance and regional connectivity, boosting its potential to facilitate cross-border transactions across the continent and beyond. The post Access Holdings strikes deal to take over Mauritius’ Afrasia Bank appeared first on Premium Times Nigeria.

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Access Holdings strikes deal to take over Mauritius’ Afrasia Bank

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Access Holdings PLC has revealed that its banking group’s, subsidiary, The Access Bank UK Limited has entered into a binding agreement to acquire a majority equity stake in AfrAsia Bank Limited, the Republic of Mauritius’ third largest bank by total assets. Mauritius, renowned for its robust financial services sector which contributes 13.4 per cent to […]

Independent Newspapers Nigeria

Access Bank (UK) Set To Acquire Mauritius-Based AfrAsia Bank  – Independent Newspaper Nigeria

Access Holdings Plc has announced that its banking group’s, subsidiary, The Access Bank UK Limited has entered into a binding agreement to acquire a majority equity stake in AfrAsia Bank Limited, the Republic of Mauritius’ fourth largest bank by total assets. The Group stated this in a notice to the Nigerian Exchange Limited seen by THE WHISTLER. According to the statement, Mauritius, renowned for its robust financial services sector which contr…

The Whistler Nigeria

Access Bank To Acquire Mauritius Based AfrAsia Bank

Access Holdings Plc has announced that its banking subsidiary, The Access Bank UK Limited, has entered into a binding agreement to acquire a majority equity stake in Afrasia Bank Limited, the Republic of Mauritius’ fourth-largest bank by total assets.    The post Access Holdings Plc acquires majority stake in Mauritius’ fourth-largest bank, Afrasia  appeared first on Nairametrics.

Nairametrics

Access Holdings Plc acquires majority stake in Mauritius’ fourth-largest bank, Afrasia

By Adedapo Adesanya Access Holdings Plc has continued its expansion plans with the acquisition of a majority equity stake in Afrasia Bank Limited, the Republic of Mauritius’ fourth-largest bank by total assets. In a disclosure to the Nigerian Exchange (NGX) Limited signed by the company’s secretary, Mr Sunday Ekwochi, on November 14, 2024, the lender […]

Business Post Nigeria

Access Bank Acquires Majority Stake in Mauritius' Afrasia Bank

Access Bank UK, a subsidiary of Access Holdings, a financial services group with a market capitalisation of ₦1.28 trillion, will acquire a majority equity stake in Afrasia Bank, Mauritius’ fourth largest bank by total assets. The acquisition will help Access Bank UK expand its personal and corporate banking services to Mauritius with a robust financial services sector which contributes 13.1% to the country’s Gross Domestic Product (GDP). Afrasia…

TechCabal

Access Bank UK to acquire Mauritius-based Afrasia Bank

Access Bank UK is expanding its global footprint with the acquisition of AfrAsia Bank, Mauritius’ fourth-largest bank by assets. This strategic move aims to enhance Access Bank's presence in Africa's financial hubs

Techpoint.Africa

Access Bank UK announces acquisition of Mauritius-based AfrAsia Bank

Access Holdings PLC (“Access Holdings”) today announces that its banking group’s, subsidiary, The Access Bank UK Limited (“the Access UK”) has entered into a binding agreement to acquire a majority equity stake in AfrAsia Bank Limited (“AfrAsia Bank”), the Republic of Mauritius’ third largest bank by total assets. This revelation was made known in a statement signed by company secretary, Sunday Ekwochi. Mauritius, renowned for its robust financi…

SocietyNow

Details As Access Bank UK Enters Binding Deal To Acquire Mauritius-Based AfrAsia Bank

The Access Bank UK Limited has entered into a binding agreement to acquire a majority equity stake in AfrAsia Bank Limited, the third-largest bank by total assets in the Republic of Mauritius’ 
Mauritius’s robust financial services sector contributes 13.4 per cent to its Gross Domestic Product and helps Access UK with a solid foundation to expand its operations in the high-growth personal and corporate banking segments. Furthermore, Access Bank …

InsideBusiness - Business News in Nigeria

Access Bank (UK) To Acquire Mauritius-based AfrAsia Bank Limited  - InsideBusiness - Business News in Nigeria

Access Holdings Plc has continued its expansion plans with the acquisition of a majority equity stake in Afrasia Bank Limited, the Republic of Mauritius’ fourth-largest bank by total assets. In a disclosure statement published on the Nigerian Exchange (NGX) platform and signed by the company’s secretary, Sunday Ekwochi, on November 14, 2024, the lender announced that its banking subsidiary, The Access Bank UK Limited, has entered into a binding …

Access Holdings strikes deal to take over Mauritius’ Afrasia Bank

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