The Access Bank UK Limited

The Access Bank UK Limited Announces Acquisition of Majority Stake in Afrasia Bank Limited We are pleased to announce that The Access Bank UK Limited has acquired a majority shareholding in Afrasia Bank Limited, the fourth-largest bank in Mauritius. This strategic acquisition supports our mission to expand our footprint across key African markets and strengthen our global presence. Afrasia Bank, with total assets exceeding US$5.7 billion and a net profit of US$152.4 million for the fiscal year ending June 30, 2024, provides Access Bank with a robust platform in Mauritius, a rapidly growing financial hub. This acquisition will allow us to enhance trade finance, wealth management, and corporate banking services, leveraging Mauritius' strong regulatory environment and financial infrastructure to connect Africa with global markets. Strengthening Regional Connectivity This acquisition aligns with our goal to deepen financial integration across Africa while expanding our global reach. With operations already in Zambia, Mozambique, Botswana, Angola, and South Africa, Access Bank is committed to supporting regional trade, investment, and sustainable development. Mauritius, as a strategic hub, will further enable us to facilitate cross-border transactions and provide our clients with enhanced access to international markets. Jamie Simmonds, CEO/MD of The Access Bank UK Limited, said: “Afrasia Bank’s established brand and strong financial position provide us with a sustainable foundation for long-term growth. This acquisition strengthens our ability to serve clients across Africa, Europe, the Middle East, Asia, and beyond, as we continue to offer innovative solutions for global business.” Driving Economic Growth & Financial Inclusion Through this acquisition, Access Bank will continue its commitment to driving economic growth, financial inclusion, and trade between Africa and the world. We are excited about the opportunities this collaboration brings to deliver more innovative solutions, enhance regional connectivity, and build a stronger financial ecosystem for businesses and individuals alike. Roosevelt Ogbonna, Managing Director of Access Bank Plc, emphasised, “This is a significant milestone for us. By joining forces with Afrasia Bank, we are expanding our influence and capabilities to better serve our clients and create meaningful economic value across Africa and beyond.” We look forward to working closely with Afrasia Bank's leadership team to ensure a smooth integration and deliver long-term value for all our clients, shareholders, and stakeholders. #AccessBank #AfrasiaBank #StrategicAcquisition #TradeFinance #FinancialInclusion #EconomicGrowth #Africa #GlobalBusiness #Mauritius #RegionalConnectivity

We are delighted to announce the launch of The Access Bank Malta Limited, the first fully owned European subsidiary of The Access Bank UK Limited. This significant milestone follows the successful approval of our banking licence by the European Central Bank (ECB) and the Malta Financial Services Authority (MFSA). It represents a strategic step in enhancing trade flows and fostering economic collaboration between Europe and Africa. Jamie Simmonds, Founding Chief Executive Officer and Managing Director of The Access Bank UK Limited, shared: "Europe has become Africa’s leading trading partner, supported by initiatives like the Economic Partnership Agreements and the African Continental Free Trade Area (AfCFTA). With these evolving dynamics, The Access Bank Malta Limited is uniquely positioned to meet the financing and banking needs of businesses operating across these markets.” Located in Malta, a globally recognised financial hub and gateway between the continents, this new subsidiary will focus on international trade finance to support clients and drive economic growth. Roosevelt Ogbonna, Managing Director and Chief Executive Officer of Access Bank Plc, and CEO of the Banking Group stated: “By establishing operations in Malta, we will gain a foothold in a market that bridges European and North African economies, moving us one step closer to our goal of becoming Africa’s Gateway to the World. It further enhances our Bank’s capacity to support clients with innovative solutions tailored to cross-border trade and investment opportunities.” Renald Theuma, Managing Director and Chief Executive Officer of The Access Bank Malta Limited, emphasized: "Malta is uniquely positioned as a bridge between Europe and Africa, making it an ideal location for our subsidiary. This move allows The Access Bank Malta Limited to engage more closely with customers in Europe and deliver tailored financial solutions that drive growth and connectivity across both continents." This development underscores the Access Group’s commitment to driving global trade, financial integration, and building a banking network that bridges continents and empowers businesses worldwide. #TheAccessBankMaltaLimited #AccessBankUKLimited #AfricaToTheWorld #TradeFinance #GlobalBanking #FinancialInnovation #EconomicGrowth #EuropeAfricaTrade #MaltaFinanceHub #CrossBorderBanking #AfCFTA #EconomicPartnerships #GlobalTrade #EmpoweringBusinesses #BankingExcellence #StrategicExpansion

🌟 Teamwork makes the dream work! 🌟 At The Access Bank UK, we believe in always putting our best foot forward to make a meaningful difference. Today, as part of The Access Bank UK Corporate Social Responsibility (CSR) initiative, our incredible staff in Northwich are rolling up their sleeves again to support St Rocco’s Hospice. Together, they’ll spend the afternoon sorting donations and evaluating items for resale at the hospice’s charity shops across Warrington. This effort directly supports St Rocco’s vital fundraising activities, which help provide critical care and services to the community. A big Thank You to St Rocco’s Hospice for giving us this wonderful opportunity to make a difference and contribute to such meaningful work. Thank you to our volunteers for embodying the spirit of teamwork and collaboration that defines The Access Bank UK. #TeamAccessBankUK #CSR #AccessCares #TeamworkMakesTheDreamWork #StRoccosHospice #CommunityImpact #Northwich #Banking #Meaningfulwork

My heartfelt gratitude to The Access Bank UK for the incredible opportunity to attend the HR Strategy Programme at London Business School. This experience has been truly transformative, equipping me with valuable insights and skills to navigate the evolving landscape of HR and leadership. The Bank's unwavering commitment to empowering its people and fostering growth is truly inspiring. Investing in world-class learning and development not only shapes careers but also strengthens our collective vision of becoming the most respected African Bank. #accessbankuk #londonbusinessschool #lbscommunity #empoweredemployees #banking #investorsinpeople

🌟 Empowering People, Growing Our Own 🌟 At The Access Bank UK, our commitment to developing talent and nurturing leaders is at the heart of what we do. We are pleased to celebrate the success of Matthew Plant, Head of IT & Operations, on his recent completion of the prestigious INSEAD Advanced Management Programme! He proudly follows in the footsteps of other SBU Heads who have also completed this prestigious programme, showcasing the Bank's dedication to fostering a culture of continuous growth and leadership excellence. Matt’s journey exemplifies our ethos of investing in our people, providing opportunities for growth, and empowering leaders to drive innovation and excellence. By equipping our team with world-class education and development, we’re not just building careers—we’re building a legacy of leadership that inspires others and strengthens our Access Bank UK family. Congratulations, Matt! Your achievement reflects your incredible hard work and dedication. We are keen to see the impact your learning will bring to the Bank and beyond. Together, we strive to put our best foot forward, driving our vision to become the most respected African Bank.💼✨ #accessbankuk #insead #empoweringpeople #peoplefirst #bankingcareer #investorsinpeople #platinum #empoweredemployees

The Access Bank UK Ltd Supports the Lord Mayor’s Appeal and City Giving Day 2024 The Access Bank UK Ltd is proud to support the Lord Mayor’s Appeal through its participation in City Giving Day 2024, held on Tuesday, 24th September. The Bank’s team enthusiastically joined the City Giving Day Treasure Hunt at Mansion House, London, an engaging and interactive event that encouraged participants to explore the city while supporting charitable initiatives. This involvement underscores The Access Bank UK Ltd’s commitment to fostering community spirit and aligning with the Lord Mayor’s vision of creating A Better City for All—an inclusive, healthy, skilled, and fair environment. As part of the Bank’s Corporate Social Responsibility (CSR) strategy, the City Giving Day Treasure Hunt provided an excellent opportunity to give back to the community while promoting team morale and having fun. The event was a meaningful way to support the Lord Mayor’s Appeal, which aims to drive impactful change through innovative programs and partnerships. City Giving Day, launched in 2015, has become a flagship event in London’s business calendar. This year, 603 companies participated in activities ranging from Wattbike racing to cupcake decorating, showcasing the significant positive impact of collective fundraising and volunteering efforts. Looking ahead, the Lord Mayor’s Appeal hopes to inspire even more organisations across the UK to join this initiative in 2025. The Bank’s dedication to this cause was further demonstrated on Tuesday, 19th November, when Julie Soyinka-Sonuga, Head of Commercial Banking, represented The Access Bank UK Ltd at the Lord Mayor’s Appeal Impact Reception. This event celebrated the vital contributions of sponsors and supporters who make initiatives like City Giving Day possible. During the reception, the Lord Mayor expressed heartfelt gratitude to participating organisations for their role in delivering transformative change. Through its thought leadership programs—Power of Inclusion, This is Me, We Can Be, and City Giving Day—the Lord Mayor’s Appeal provides meaningful opportunities for learning, development, and engagement for employees across the City. These initiatives also raise funds for partner charities, amplifying their reach and impact. The Access Bank UK Ltd is honoured to be part of this inspiring movement, reinforcing its commitment to making a lasting difference in the community and supporting the mission of the Lord Mayor’s Appeal to create a better and brighter future for all. #TheAccessBankUK #CityGivingDay2024 #LordMayorsAppeal #CorporateSocialResponsibility #CommunityEngagement #BetterCityForAll #TeamBuilding #InclusiveBusiness #ImpactfulChange #SupportingCommunities #WeCanBe #ThisIsMe #PowerOfInclusion

GTR Africa London 2024 On Thursday, 14th November, The Access Bank UK Ltd proudly co-sponsored the esteemed GTR Africa London 2024. This pivotal event served as a premier platform for discussions on key trends and advancements influencing both African and global economic landscapes. GTR, a leading authority in international trade, export, commodity, and supply chain finance conferences, organises more than 18 events annually across the globe, including in countries such as Nigeria, India, the UAE, Singapore, Turkey, South Africa, Sweden, Kenya, and many more. Known for its strong emphasis on dynamic and emerging markets, GTR distinguishes itself by hosting events in locations where others in the industry may not venture, recognising that direct engagement and on-the-ground networking are essential for effective business development. These events are invaluable resources for professionals in the trade finance sector, offering insightful discussions and debates on the latest market trends. At GTR Africa London 2024, over 60 industry leaders convened to discuss critical topics such as Africa’s infrastructure financing, working capital solutions for SMEs, realignment of trade corridors, and strategies for managing sovereign debt. The agenda also included emerging and alternative climate financing tools, initiatives to build local lender capacity across Africa, and the development of value-added markets for both soft and hard commodities at the domestic level. The Access Bank UK Ltd was well represented by its Trade Finance and Commercial Banking teams. The conference provided an exceptional opportunity to network with industry leaders, financial institutions, and key stakeholders, while offering valuable insights and analyses on trade opportunities in Africa. For The Access Bank UK Ltd, the event was not just an opportunity to showcase its innovative financial products and services but also a chance to forge meaningful connections with new prospects and industry professionals. With growing interest from African companies in collaborating with the Bank, the event highlighted significant trade finance opportunities across the continent, reinforcing The Access Bank UK Ltd's role as a trusted partner committed to supporting Africa’s economic growth. #GTRAfricaLondon2024 #TheAccessBankUK #TradeFinance #AfricaEconomicGrowth #InfrastructureFinancing #SMEFinance #ClimateFinance #EmergingMarkets #GlobalTrade #BusinessDevelopment #AfricanTradeOpportunities

🌟 Giving Back to Our Communities – The Access Bank UK Touch at St Rocco’s Hospice 🌟 At The Access Bank UK , our commitment goes beyond Banking—it’s about creating positive change and strengthening the communities we serve. This week, our incredible team embodied the spirit of giving back by volunteering at St Rocco’s Hospice, a cornerstone of care and compassion. Our staff worked together to bring joy and support to those who need it most. Volunteering is more than just an act of kindness—it’s an opportunity to live our values, foster unity, and leave a lasting impact. It aligns with our core values of excellence and empowerment, and these efforts are more than acts of kindness; they are reflections of our purpose to go beyond Banking by enriching the lives of those around us. This initiative is part of our ongoing Corporate Social Responsibility (CSR) program, reflecting our belief that businesses thrive when communities flourish. St Rocco’s mission of providing dedicated care to patients and their families aligns perfectly with our purpose-driven ethos. A heartfelt thank you to every team member who gave their time and energy to make a difference. Together, we’ve shown that small acts can make a big impact. #CSR #GivingBack #AccessBankTouch #CommunityMatters #VolunteeringWithPurpose

This moment of witnessing the fusion of the Bank's global vision with my beautiful homeland holds immense significance for me — it's a dream come true! 🌟 As the Head of HR at The Access Bank UK, I have had the privilege of seeing firsthand how deeply our principles of togetherness, family, innovation, growth, resilience, unity and opportunity align with the spirit of Mauritius. To witness The Access Bank UK reach my homeland fills me with profound gratitude, as it represents a seamless connection between the values that have shaped my HR journey and the roots of my heritage 🟥 🟦 🟨 🟩 . #Accessbankuk #Mauritius #Banking

At The Access Bank UK, one of our core values is Empowered Employees. We firmly believe that every employee is unique, and we strive to create an environment where each individual is recognised as an integral part of the Access Bank family. From day one, we are dedicated to providing the support, recognition, and resources needed to ensure that every team member feels valued. The Bank put people first, with the goal of helping them reach their full potential and find happiness in both their personal and professional lives. Wing-shan C. Welcome to the Access Bank family! #banking #careers #growth #empoweredemployees