Nigeria @60: Access Bank Plc Committed To Help Build A Virile Economy

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Access Bank Plc is a leading full-service commercial Bank operating through a network of more than 700 branches and service outlets, spanning three continents, 17 markets and 45 million customers. The Bank employs 28,000 thousand people in its operations in Nigeria, Sub-Saharan Africa, and the United Kingdom – with Access UK branch office in UAE, and representative offices in China, Lebanon, and India.

Listed on the Nigerian Stock Exchange since 1998, Access Bank is a diversified financial institution that combines a strong retail customer franchise and digital platform with deep corporate banking expertise and proven risk management and capital management capabilities. The Bank serves its various markets through four business segments: Retail, Business, Commercial and Corporate & Investment Banking.

The Bank has over 900,000 shareholders (including several Nigerian and International Institutional Investors) and has enjoyed what is arguably Africa’s most successful banking growth trajectory in the last twelve years. Following its merger with Diamond Bank in March 2019, Access Bank became one of Africa’s largest retail banks by retail customer base.

As part of its continued growth strategy, Access Bank is focused on mainstreaming sustainable business practices into its operations. The Bank strives to deliver sustainable economic growth that is profitable, environmentally responsible and socially relevant, helping customers to access more and achieve their dreams.

Access Bank is playing an important role in tackling sustainability challenges. This is because, as an African financial institution, it is working with clients across the continent in nearly every sector of the economy.  Its reach and expertise position us well to support sustainable solutions and enable the transition to low carbon and more inclusive economy.  It is pursuing this all-important objective by raising capital to help our clients to access the financing that they need to build infrastructure, develop and upscale technologies, and implement business strategies for the transition to a sustainable economy.

Since 2018, Access Bank has played an influential role in stimulating the growth of the green bond market in Nigeria, through our co-launch of the Nigerian Green Bond Market Development Programme.

The bank have continued to support the financial market to enhance its depth and diversification for the benefit of issuers and investors alike, by bringing new structures to the market and encouraging progressive dialogue.

Additionally, Its NGN15 billion inaugural green bond, issued in March 2019, has seen the allocation of a total amount equal to the net proceeds of the offering, to fund eligible green assets.

In Nigeria, Access Bank has been at the forefront of sustainable finance, leading in innovative growth and the adoption of global best practices. In 2009, in light of the establishment of the Environmental and Social Risk Management (ESRM) framework for banks, Access Bank became a signatory of the Equator Principles.

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