Access Bank Plc has said its Zambian subsidiary has completed the acquisition of Cavmont Bank Limited. In August 2020, the bank said it has entered into a definitive agreement with Cavmont Capital Holdings Zambia (CCHZ) regarding a merger and acquisition (M&A) of Cavmont Bank. According to the statement, the merger of Cavmont into Access Bank Zambia will hold before the end of January 2021. “The merger of Cavmont into Access Bank Zambia is expected to take place before the end of January 2021, following which Access Bank Zambia will emerge…
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