Tag Archives: Access Bank

Access Bank pushes out more digital loans

Access Bank Plc has planned to surpass its 2020 record as the bank pushes out more digital loans. To achieve this, the bank has launched the Diamond Business Advantage (DBA) Lite to address the challenges of accessing digital loans for youth entrepreneurs. Speaking during the launch of the product in Lagos, Executive Director, Access Bank Plc, Retail Banking, Victor Etuokwu, ...

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Employees of Wema Bank Plc raise funds for less privileged women

Employees of Wema Bank Plc are planning to raise of funds for less privileged women to expand their businesses under the Project Ferry scheme. They are Embarking on this programme through the salary-for-love initiative The workers of the bank in the Lagos Region led by the project champions selected 47 underprivileged women at Ferry Community in Oworoshoki, Lagos for the ...

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How Access Bank invested N18.7 billion on ICT

Access Bank has revealed it spent a whopping N18.7 billion in IT and E-Business related initiatives in 2020. The figure is nearly double (92% higher) the N9.7 billion spent in 2019. The same expense line cost it N11.39 billion in 2018. The bank claims the expenses is in line with its “investments in IT capability with the focus of improving ...

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SWIFTPAY: Access Bank unveils digital payment service for SMEs

In its bid to facilitate easy facilitation  of payments between SME and retail customers via digital space, Access Bank Plc has unveiled SWIFTPAY, a digital payment service The service is initiated to enhance the  receipt of business payments so that  customers make quick, easy and secure digital payments on social media platforms. In her address to journalists in Lagos, Head, ...

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Access Bank organises event for women to mark Women’s Day

One of Nigeria’s leading banks, Access Bank has planned to celebrate the International Women’s Day on Thursday, March 11, 2021. It was learnt that the  event has as theme: ‘Take the Centre Stage: Speak Up!’. The bank decided to organise the event so as to analyse and offer solutions to how women can record effective delivery at their the workplaces, ...

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Access Bank Board of Directors approve cash dividend for shareholders

The board of directors of Access Bank Plc has approved an audited report and payment of cash dividends for the 2020 business year. The board met recently to deliberate over the banking group’s audited consolidated and separate financial statement for that year. In a statement after the meeting, the bank Bank said that the board approved the financial statements and ...

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AfCTA Deal: How Access Bank is repositioning to reap gains- MD

Managing Director, Access Bank Plc, Herbert Wigwe, has said that the bank would reposition its system so as to benefits greatly from the AfCTA deal. He noted this in a report titled: ‘Realigning for Growth’ released by the bank, Acccording to him,  Access Bank would be optimizing and make a capital from the trade agreement He said that the bank ...

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Why we adopted holding company structure- Access Bank MD

Access Bank Plc adopted holding company structure because of the opportunity to diversify and grow earnings for improved returns to shareholders and better services to customers. Group Chief Executive Officer, Access Bank Plc, Herbert Wigwe, who spoke during a virtual 2021 Investor Engagement Forum entitled: Realigning for growth in Lagos, said the bank has started the process that would enable ...

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