Access Bank Plc, the largest lender in Nigeria by assets, raised N351 billion ($228 million) in a rights sale to raise its capital over a new regulatory level as it commences its expansion strategy. It stated in an emailed statement on Wednesday, Bloomberg reported that the lender’s share capital, at 600 billion naira, is now 20% more than the minimum needed for foreign banks doing business in...TAP TO READ THE FULL CONTENT | TAP TO READ THE FULL CONTENT
Access Bank smashes CBN’s new minimum requirement, set to open branch in Egypt, US, other countries
