By Milton Tella – The CEO/Managing Director, Jamie Simmonds and the Head of Commercial Banking, Mr. Johnson Ememandu of the Access Bank UK, a subsidiary of Nigerian stock exchange listed Access Bank Plc paid a courtesy call on His Excellency, Ambassador Sarafa Tunji Isola OFR, High Commissioner of Nigeria to the UK on Thursday 26 January 2023
The goal was to apprise the High Commissioner of the bank’s presence in the UK, its role, focus areas and to seek cooperation and collaboration in any form possible. The visit was also to renew the cordial relationship between the bank and the High Commission London.
Ambassador Isola, the High Commissioner warmly welcomed the bank executives and assured them of the interest of the diplomatic mission in any venture that promotes the wellbeing and prosperity of Nigerians in the UK. Both parties look forward to cordial relations going forward.
Best African Trade Finance Bank – UK 2022
The Access Bank UK was awarded the ‘Best African Trade Finance Bank 2022’, by International Finance Publications Limited for the fifth consecutive year.
The International Finance Banking Awards highlight the accomplishments of banks leading in innovation, infrastructure development and customer centricity. The management described the award as recognition of hard work and dedication and it embodies the vision of becoming the world’s most respected African Bank.
The Access Bank UK Limited, has been a consistently strong performer in the trade finance space following a sustainable growth model and a moderate risk exposure. The core philosophy of the bank, like other companies of the Group, has been to follow the sustainable growth paths irrespective of the tumultuous or attractive phases of the market cycles. And this has been a key driver of success for the bank at a time when global businesses suffered a slowdown under the impact of the COVID-19 pandemic. But due to its strong fundamentals and consistent core offerings, the bank has been able to not only retain its customer base but also expand its footprint. In 2021, the bank processed over $4.2 billion of trade transactions via its counters. This figure is an improvement from the previous year’s figure of $3.8 billion.
Part of the success of the bank can be attributed to the bank’s readiness to adopt and pivot technological changes as and when they emerge and in the process, provide the best possible support for partner banks. This robustness is the key-differentiating factor for the bank that helped it to emerge as the winner.
Access Bank UK is the Group’s OECD operational hub that helps with the flow of investment into markets in Nigeria, Sub-Saharan Africa, West Africa and the MENA region.
The bank’s head office is located in the heart of the City of London and overlooks the Bank of England and its Operations Division is located near Manchester. The bank has a branch operation within Dubai’s International Finance Centre and offices in Lagos, Nigeria, on the Osborne Estate in the Ikoyi area.
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