Online – 2020-MEA Logo The economic impact of the coronavirus has led to Kenya’s seven largest banks restructuring loans worth Sh176 billion—equivalent to 6.2 percent of the industry’s total gross loan book of Sh2.8 trillion. The pandemic has damaged Kenyan borrowers’ ability to repay their loans, particularly within the tourism sector, which has felt considerable […]
Tag: XNSA_ACCESS
Access Bank supports less privileged in Covid-19 fight
Access Bank Ghana has stepped up its Covid-19 support efforts by earmarking ¢300,000 for food, sanitary and Personal Protective Equipment (PPEs) to over 15 municipalities across the country. This is in response to calls to help alleviate dire situations in various communities across the country. The beneficiary municipalities selected for this intervention, which are dotted […]
Access bank embraces new normal with virtual AGM for shareholders
Mr. Olatunji (MD) and Mr. Beecham (Board Chairman) during the meeting In keeping with regulations for listed companies on the Ghana Stock Exchange (GSE) amidst the restrictions on public gathering due to COVID-19, Access Bank Ghana has led the way by holding its 12 th Annual General Meeting through a virtual platform for its shareholders. […]
Nigeria’s Access Bank injects $9m into Rwandan subsidiary
Nigeria’s Access Bank is boosting the performance of its East African subsidiaries. PHOTO | FILE | NATION MEDIA GROUP Nigeria’s largest retail bank, Access Bank Plc, has more than doubled its investment in its Rwandan subsidiary after acquiring Kenya’s Transnational Bank four months ago. Access Bank, with more than 36 million customers across the continent, […]
Companies Resort To Virtual AGMs As 2 Local Firms Drive COVID-19 Response
In response to the COVID-19 pandemic, two indigenous firms have embarked on an initiative to partner public listed companies in the country to hold their Annual General Meetings (AGMs) electronically. The firms — Npontu Technologies Limited, which is into IT, and Novelty Innovations, a videography firm — have already provided virtual solutions for Access Bank […]
e-payment channels to the rescue
For years, Nigeria’s rush towards cash-less economy was greeted with mixed feelings of approval and rejection. But the coronavirus pandemic has made the use of alternative banking channels inevitable, writes COLLINS NWEZE. The week of economic resumption after the five-week lockdown in Lagos was an eyesore for many bank customers. Even banks that have for […]
Access Bank goes virtual to hold its 12th Annual General Meeting
Mr Olatunji Md And Mr Beecham Board Chairman During The Meeting In keeping with regulations for listed companies on the Ghana Stock Exchange (GSE) amidst the restrictions on public gathering due to COVID-19, Access Bank Ghana has led the way by holding its 12th Annual General Meeting through a virtual platform for its shareholders. The […]
Companies resort to virtual AGMs as 2 Local firms drive COVID-19 response
Shareholders at Access Bank’s virtual AGM In response to the COVID-19 pandemic, two indigenous firms have embarked on an initiative to partner public listed companies in the country to hold their Annual General Meetings (AGMs) electronically. The firms — Npontu Technologies Limited, which is into IT, and Novelty Innovations, a videography firm — have already […]
TMA, MP Distribute Items To Tema Newtown Residents
The Tema Metropolitan Assembly (TMA) and the Member of Parliament for Tema East have presented facemasks and assorted items to the residents of Tema Manhean to help fight COVID-19 in the area. Mr Felix Mensah Nii Anang-La, Tema Metropolitan Chief Executive together with Mr Daniel Titus Glover, MP and Deputy Minister of Transport, distributed 6,000 […]
Access Bank embraces new normal with virtual AGM for shareholders
Mr. Olatunji (MD) and Mr. Beecham (Board Chairman) during the meeting Access Bank Ghana has held its 12th Annual General Meeting via a virtual platform for its shareholders, in keeping with regulations for listed companies on the Ghana Stock Exchange (GSE) amidst the restrictions on public gathering due to COVID-19. The virtual AGM was held […]