Access Bank chief executive Herbert Wigwe said in a statement that the Southern African Development Community represented the strongest economy in Africa.
It employs 28 000 people in its operations in Nigeria and has subsidiaries in sub-Saharan Africa and the UK, with a branch in Dubai, United Arab Emirates, and representative offices in China, Lebanon and India.
Following a merger with Diamond Bank in March 2019, Access Bank, with more than 900 000 shareholders, became one of Africa’s largest retail banks by retail customer base.
Highlighting Access Bank’s presence in Zambia, he said the opening of the South African subsidiary cemented the bank’s commitment to sub-Saharan Africa as a portal for banking opportunities across the continent.
Access Bank SA chief executive Bennie van Rooy said yesterday was “an exciting event for the South African banking industry”, and the provision of sustainable support to existing customers while appealing to new clients with a business presence across Africa.
Wigwe said the group’s focus was on building relationships, as a partner in businesses and in the communities it served. “It’s vital that our banking solutions give clients the advantage they need to grow sustainably, with access to smart solutions that help them reach greater goals.”
With its transactional account and online banking, commercial and asset finance, offshore investments and foreign exchange requirements or deposit solutions, Access Bank put the power of choice in clients’ hands, he said.