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All posts tagged "Access Bank"

  • Access Bank completes Intercontinental Bank Takeover

    Access bank has finalized its merger & acquisition exercise with Intercontinental bank, and intercontinental bank ceases to exist as a commercial entity. According to a statement provided by Access bank management, the integration has been concluded after...

    • Posted January 31, 2012
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  • Access Bank gets order to liquidate Negris over N2.7b debt

    A FEDERAL High Court, Lagos on Tuesday granted an application by the Access Bank Plc, urging it to appoint a provisional liquidator for Negris Holding Limited one of the nation’s leading indigenous multidiscipline engineering services group providing...

    • Posted September 30, 2011
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  • Access Bank of Nigeria Plans to Buy 75% of Intercontinental Bank

    Access Bank Plc (ACCESS), a Nigerian lender, will seek approval from its shareholders to buy 75 percent of Intercontinental Bank Plc , which was bailed out by the West African nation’s central bank in 2009. Shareholders will also be...

    • Posted August 30, 2011
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  • CBN Approved Access Bank and Intercontinental Bank Merger

    The Central Bank of Nigeria has approved an implementation plan worked out by both parties, the lenders said in an e-mailed statement today. “Consequently, the parties will now commence the process of a scheme of arrangement” that...

    • Posted July 11, 2011
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  • Access Bank declares N16.2b profit before tax, 50k dividend in 2010

    ACCESS Bank Plc, yesterday, announced profit before tax of N16.2 billion and gross earnings of N91.1 billion for the year ended December 31, 2010. Deposit within the period also increased by 15 per cent to N509.6 billion,...

    • Posted March 27, 2011
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  • Apathy, as investors trade 30 securities

    In a rare show of apathy to equities’ investment, investors have traded strongly in 30 out of over 100 securities listed on the floor of the Exchange. This was captured in the Businessday/Afrinvest 30 Index launched yesterday...

    • Posted March 26, 2011
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