Access Bank PLC (“Access Bank”) has successfully satisfied all legal and regulatory requirements to complete its acquisition of African Banking Corporation (Tanzania) Limited (“BancABC Tanzania” or “BancABC”). With the acquisition now finalised, the entity in Tanzania will operate under the name Access Bank Tanzania Limited, further consolidating Access Bank’s presence in the East African region. This milestone also builds on Access Bank’s recent acquisition of the consumer, private, and business banking operations of Standard Chartered Bank Tanzania. The newly formed Access Bank Tanzania will leverage its inherent strength and that…
Read MoreACCESS BANK COMPLETES ACQUISITION OF BANCABC TANZANIA, NOW TO OPERATE AS ACCESS BANK TANZANIA LIMITED
