Access Bank Expands Footprint in East Africa with Acquisition of Tanzanian Lender
- Access Bank acquires African Banking Corporation of Tanzania (ABCT) Limited.
- The acquisition deepens Access Bank's roots in East Africa.
- Access Bank plans to merge ABCT with the business it acquired from Standard Chartered.
The acquisition of African Banking Corporation of Tanzania (ABCT) Limited by Access Bank is a strategic move that strengthens Access Bank's presence in East Africa and aligns with its vision of becoming the Most Respected African Bank. This acquisition not only expands Access Bank's reach but also creates opportunities for growth and innovation in the region's financial services sector.
