Access Bank has secured a provisional license to establish a commercial bank in Namibia, marking a weighty expansion of its operations in Southern Africa.
With existing operations in Angola, Botswana, Mozambique, South Africa, and Zambia, Access Bank is well-positioned to provide stakeholders with seamless access to various opportunities for expansion and collaboration within the region.
Roosevelt Ogbonna, Managing Director/CEO of Access Bank PLC, emphasised that entering the Namibian market is a pivotal step towards achieving the bank's global growth ambitions. The expansion is expected to boost Namibia's local economy and enhance financial inclusion by empowering businesses and individuals with new opportunities.
Access Bank's entry into Namibia is part of its ambition to build a strong global franchise. The bank aims to partner with local stakeholders to drive innovation, empower communities, and contribute meaningfully to the region's prosperity.
