Transnational Bank (Kenya) PLC Acquired by Access Bank PLC (Nigeria)

Access Bank Plc announced it had successfully completed the acquisition of the Transnational Bank (Kenya) PLC following receipt of full regulatory approvals and fulfillment of all conditions. The bank’s entry into the Kenyan market is a key gateway in East Africa; bringing it a step closer to its vision of becoming the World’s Most Respected African Bank.

The acquisition would translate into immense business opportunities, efficient digital solutions, competitive products and an unrivalled customer experience. Herbert Wigwe, the bank’s Group Managing Director and Chief Executive Officer, as pledging that the bank would always put customers first in all its dealings. Access Bank is a leading full-service commercial bank operating through a network of more than 600 branches spanning three continents, 12 countries and 36 million customers.

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