Category: Uncategorized
Nigeria’s Access Bank Completes Acquisition of Transnational Bank
by Wandiri Gitogo Nigerian lender, Access Bank has completed 100 per cent acquisition of Kenyan Tier3 lender, Transnational Bank effective February 1, 2020. Central Bank of Kenya (CBK) reports that the deal fell through following approvals by relevant bodies. Cbk gave a nod on 24 December 2019 with Treasury the following suit on January 6 2020.