Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nigerian Stock Exchange  >  Access Bank Plc    ACCESS   NGACCESS0005

ACCESS BANK PLC

(ACCESS)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Access Bank : Announces Strategic Update and Transactions in Furtherance of its Vision to be Africa's Gateway to the World

10/06/2020 | 09:15am EST
Access Bank Plc ('Access Bank' or ''the Bank'') announces today that it has received the Central Bank of Nigeria's Approval-In-Principle for the Bank's transition to a holding company ('HoldCo') structure. The proposed HoldCo structure would enable the Bank to further accelerate its objectives around business diversification, improved operational efficiencies, talent retention as well as robust governance. Further details regarding the HoldCo structure will be communicated to the market in due course.

Access Bank also announces definitive agreements to bolster its market position in Mozambique and enter the South African market. This follows the recent transaction with Cavmont Bank in Zambia and further embeds the Bank's presence in the SADC region, one of Africa's most important trading blocs.

Disclaimer

Access Bank plc published this content on 06 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 October 2020 13:14:00 UTC


© Publicnow 2020
All news about ACCESS BANK PLC
12/04ACCESS BANK : Seplat Petroleum Development Company Plc - Sealing of building at ..
AQ
12/04SEPLAT PETROLEUM DEVELOPMENT : Refutes Cardinal Drilling Services' Facility
AQ
11/30ACCESS BANK : UNDP, Vodafone Ghana Foundation Train 61 Rural Women in Agribusine..
AQ
11/30REFILE-INSIGHT-THREATS, DETENTIONS A : Nigeria's protesters depict pattern of in..
RE
11/25ACCESS BANK : Laseinde - Why Persons Behind Business Transformations Should Be C..
AQ
11/20ACCESS BANK : Grows Profit By 16% to N102 Billion in Nine Months
AQ
11/18ACCESS BANK : Ade Bajomo becomes President of FinTechNGR explains Technology and..
PU
11/17ACCESS BANK : Recognised As 'Best Digital Bank in Africa' 2020
AQ
11/09ACCESS BANK : Reiterates Commitment to Innovation
AQ
11/04ACCESS BANK : Partners Orange Money
AQ
More news
Financials
Sales 2020 465 B 1 235 M 1 235 M
Net income 2020 107 B 283 M 283 M
Net Debt 2020 - - -
P/E ratio 2020 2,93x
Yield 2020 7,77%
Capitalization 301 B 789 M 797 M
Capi. / Sales 2020 0,65x
Capi. / Sales 2021 0,62x
Nbr of Employees 6 898
Free-Float 81,4%
Chart ACCESS BANK PLC
Duration : Period :
Access Bank Plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ACCESS BANK PLC
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 10,93 NGN
Last Close Price 8,55 NGN
Spread / Highest target 111%
Spread / Average Target 27,8%
Spread / Lowest Target -47,4%
EPS Revisions
Managers
NameTitle
Herbert O. Wigwe CEO, Executive Director & Group Managing Director
Ajoritsedere Awosika Chairman
Adeolu Bajomo Executive Director & Executive Director-IT
Oluseyi Kumapayi Chief Financial Officer
Miabiye Tonye Koko Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
ACCESS BANK PLC-14.50%789
AGRICULTURAL BANK OF CHINA LIMITED-14.87%173 018
POSTAL SAVINGS BANK OF CHINA CO., LTD.-16.23%64 032
PING AN BANK CO., LTD.17.33%57 960
PT BANK CENTRAL ASIA TBK-4.41%56 157
QATAR NATIONAL BANK (Q.P.S.C.)-11.12%46 430