Streamlined strategy for African prosperity
Nigerian multinational commercial bank Access Bank PLC is a full-service bank supported by a network of more than 600 branches and service outlets across three continents.
Strategic expansion into high-impact EMEA countries has seen Access Bank PLC establish representative offices in China, Lebanon, and India; as well as an expanded presence in 10 African countries incorporating East, West and Southern Africa.
In keeping with rapid changes and a proliferation of banking and financial services on the African continent, Access Bank PLC’s most recent addition to the stable is Access Bank South Africa, offering South Africans globally sound, efficient banking solutions while creating long-term investment opportunities across four business segments: retail, business, commercial and corporate.
“With resources, skills and expertise that began with opening Access Bank in 1989 in Lagos, Nigeria, our robust knowledge of the continent made South Africa a natural progression for our strategy,” says Herbert Wigwe, Access Bank PLC Group Managing Director.
“We launched in the country in June 2021, bringing the broader South African market a truly African bank that has their best financial interests at heart.”
With network of more than 600 branches and service outlets, spanning three continents, 14 countries and over 40 million customers, Wigwe asserts that the SADC region is by far the strongest economy on the African continent. And with Global Brand Awards that include Best Digital Banking Brand, Nigeria; and the Asian Banker Awards’ Best Digital Bank in Africa; Access Bank SA has the advantage of cheaper, faster and more secure digital banking solutions.
“Our advancements in the digital sphere enables us to put South African business in touch with international resources geared for unrivalled growth, driving advancement towards reaching your financial goals,” says Wigwe.
Financial freedom through trusted solutions
As Access Bank PLC maximises the opportunities Africa offers, Access Bank SA is another important mechanism in a rising local customer base and its move to a global, cashless economy.
Wigwe says providing more efficient financial solutions, additional services, and financial freedom and support from a bank the market can trust is evident in the offering the bank has embedded in its operations around the continent and globally over the past 32 years.
Access Bank PLC understands that even the hardest work put into a business every day will mean nothing without access to the right resources and solutions, says Wigwe. “Opportunities to build and develop a business must be met by swift action, which is only
possible with a bank that guarantees access to exceptional, speedy banking services and solutions, and world class bankers and financial decision makers.”
By structuring solutions that enable businesses to reach greater financial goals, Access Bank South Africa enables clients to rely on Access Bank PLC Group’s established strengths in business and SME banking; foreign exchange services; asset finance; and alliance banking.
Through the broad distribution network offered by Access Bank PLC’s presence in the key trade corridors that connect Africa to the rest of the world, Wigwe notes that corporate clients will now enjoy improved access to trade finance, treasury, international payments and loans.
“Access Bank PLC delivers on more than just banking,” says Wigwe. “We are a partner that promotes the achievement of goals and key performance targets for our clients’ business.
“With the introduction of Access Bank into the South Africa arena, we continue to solidify our commitment to delivering strategic aspirations that position us as Africa’s gateway to the world. This is in line with our vision of becoming the world’s most respected African bank.”
As each step in the Access Bank PLC strategy brings it closer to its stated goal – to reach and positively impact 100 million unique customers across the continent by 2022 – Wigwe’s conviction is solid: “This goal is fast becoming a reality. The possibilities are endless when you have access to more.”
What solutions does Access Bank offer your business?
· Access to everyday banking, from transactional accounts to online banking and attorney trust accounts, Access Bank PLC solutions meet your business needs that yield positive financial results.
· Access to working capital, commercial loans, vehicle and asset finance, as well as property finance guarantees that clients are equipped to offer more to their business and clients.
· Access to offshore investments, foreign currency accounts, forward exchange contracts, cross-border payments and international trade finance allows South African businesses to reach greater heights and tap into previously unattainable markets.
· Access to continued business growth through the provision of deposit solutions tailor-made for all business needs means savings deposits, fixed deposits and notice deposit accounts enable control over financial activities and a strategy for a secure future.