Access Bank transits into financial services holding company

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Access Bank Plc has announced its transition into a financial services holding company, henceforth to be known as Access Holdings Plc, trading as Access Corporation.

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According to Mr. Herbert Wigwe, GMD/CEO of Access Bank Plc, this change will see the bank evolving to a large scale ecosystem player offering a new globally connected set of services.

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–Mr. Herbert Wigwe, Access Bank GMD/CEO

“The ecosystem will offer specialized services at the same time as a seamless integrated experience to improve both relevance and convenience,” Wigwe said, adding that Access Corporation will oversee a group of portfolio companies with significant complementarities that will drive more value for all its customers.

These, he said, include: Access Bank Group which makes banking remain at its core; Lending Company, a consumer lending company serving individuals and SMEs; Payment Company, a payment services company that will drive payments domestically, across the African continent and beyond; and Insurance Company, aimed as a tool to protect intergenerational wealth and benefit societies./SHARE THIS

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  • Tags: Access Bank Plc, Mr. Herbert Wigwe, Transformation
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