Access Bank successfully takes over Transnational Bank of Kenya

The vision of Access Bank to be the World’s Most Respected African Bank is fast turning to reality, with its successful completion of the acquisition of Transnational Bank (Kenya) Plc.

In a filing with the Nigerian Stock Exchange, the Access Bank said this is a sequel to the earlier announcement on October 28, 2019, investing public.

This follows the receipt of full regulatory approvals and fulfilment of all conditions precedent to completion.

According to the Bank, its entry into the Kenyan market is a key gateway in East Africa, which enables “our customers tap into our extensive global network that translates into immense business opportunities, robust and efficient digital solutions, competitive products and unrivalled customer experience,” the filed document stated.

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