Access Bank Plc has notified the Nigerian Stock Exchange (NSE) of the nod given to it by the Central Bank of Nigeria (CBN) for further expansion of its operations to other forays.
The bank, therefore, on Wednesday informed the NSE community of its expansion move into the Republic of Cameroon
The strategic combination of the Access Bank with Diamond Bank mid last year as made it a leader in retail banking in the nation’s banking space given that the defunct Diamond Bank was the best Nigerian bank with digital banking offering as of that time.
The new Cameroon banking subsidiary will take off once regulatory approvals are obtained in the country.
Access Bank’s new stride is in conformity with the bank’s strategic objective to become what it called “Africa’s Gateway to the World.”