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    Access Bank Plc

    Nigeria’s Access Bank Deal to Acquire Uganda’s Finance Trust Bank Falls Apart After Two Years

    Paul MurungiBanking & Financial ServicesThe Big StoryJanuary 29, 2026January 30, 2026

    What began as one of the most closely watched cross border banking acquisition plans in East Africa has now officially fallen apart.  The proposed takeover of Uganda’s Finance Trust Bank…

    Finance Trust Bank Posts 178% Profit Surge in 2024, Hits UGX 10.3 Billion

    CEO East Africa MagazineCompany NewsApril 28, 2025April 28, 2025

    Finance Trust Bank posted a record 178% profit growth in 2024, driven by strategic partnerships, a customer-focused business model, and major investments in women’s empowerment. The Bank now eyes an…

    Access Bank Plc set to acquire National Bank of Kenya from KCB Group Plc

    Muhereza KyamuteteraCompany NewsEast AfricaGlobal NewsThe Big StoryMarch 20, 2024March 20, 2024

    In yet another solid step towards its  5-year growth and expansion strategy to become the “World’s Most Respected African Bank”, Access Bank Plc has announced that it has signed a…

    Stanbic Bank Uganda’s Executive Director, Emma Mugisha joins Access Bank Plc

    Muhereza KyamuteteraCompany NewsThe Big StoryWomen In LeadershipFebruary 13, 2024February 23, 2024

    Emma Mugisha, the current Executive Director and Head of Business Banking at Stanbic Bank Uganda has been picked by Nigeria’s pan-African Access Bank Plc, for a continental regional role, that…

    Herbert Wigwe, CEO of Access Holdings Plc, dies in U.S. Helicopter Accident

    Muhereza KyamuteteraCompany NewsThe Big StoryFebruary 11, 2024February 11, 2024

    Herbert Wigwe, the Group CEO of Access Holdings Plc, whose subsidiary bank, Access Bank Plc has just acquired Uganda’s Finance Trust Bank has died in a U.S. helicopter accident. He died…

    DO OR DIE! Why Capital-Strapped Finance Trust Bank had to sell

    Muhereza KyamuteteraBanking & Financial ServicesNews & AnalysisThe Big StoryJanuary 19, 2024January 19, 2024

    Access Bank Plc (Access), one of Africa’s largest banking groups, is acquiring 80% of Uganda’s Finance Trust Bank, it has been confirmed. CEO East Africa Magazine first broke news of…

    Nigeria’s Access Bank Plc set to acquire Uganda’s Finance Trust Bank

    Muhereza KyamuteteraBanking & Financial ServicesGlobal NewsNews & AnalysisThe Big StoryDecember 26, 2023December 26, 2023

    Access Bank Plc (Access), one of Africa’s largest banking groups, is set to acquire Uganda’s Finance Trust Bank, highly-placed industry sources have told CEO East Africa Magazine. Access Bank Plc,…

    Stanchart sells interests in Angola, Cameroon, Gambia, Sierra Leone and its Tanzanian retail business to Nigeria’s Access Bank Plc 

    Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryJuly 14, 2023July 14, 2023

    Standard Chartered (the Bank) and Access Bank Plc (Access) have today, July 14th entered into agreements for the sale of Standard Chartered’s shareholding in its subsidiaries in Angola, Cameroon, The…

    What next for Uganda’s undercapitalised banks? 

    Muhereza KyamuteteraBusiness & MarketsThe Big StoryMay 8, 2023January 18, 2024

    On the 16th of November 2022, the Financial Institutions (Revision of Minimum Capital Requirements) Instrument 2022 was signed into law by Uganda’s Minister of Finance, Planning and Economic Development (MFPED),…

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