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Access Holdings Plc (Nigeria)

Main Activities: Commercial Banking
Full name: Access Holdings Plc Profile Updated: October 29, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Access Holdings Plc formerly (Access Bank Plc) is a leading financial institution offering banking products and services for the retail, private, corporate and institutional and non-institutional sectors in Africa and Europe. The company offers solutions for corporate and investment banking, commercial banking, personal banking and business banking. In addition to transactional banking, Access Bank Plc offers cash management and treasury services, project and structured finance, supply chain and trade finance as well as insurance, brokerage services, liquidity management and debt management programmes. The company was established in 1989 and has grown its national and international footprint to approximately 300 branches. Access Bank Plc's head office is in Lagos, Nigeria.
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.

Headquarters
Plot 14/15, Prince Alaba Oniru Street, Oniru Estate, Victoria Island
Lagos; Lagos;

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Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2021
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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11.02%
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Subsidiaries
Access Bank Cameroon (Cameroon)
100%
Access Bank Guinea S.A (Guinea)
100%
Access Pension Fund Custodian
100%
Company Performance
Financial values in the chart are available after Access Holdings 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
93.29%
Operating profit (EBIT)
335.3%
Net Profit (Loss) for the Period
300.09%
Total assets
77.94%
Total equity
77.49%
Loans to Deposits Ratio
-4.72%
Loans to Asset Ratio
-3.97%

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