Nigeria’s Largest Lender to Expand to Asia
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Access Bank, Nigeria’s largest lender by assets plans to expand into Asia early in 2024. Access Bank Group will join South Africa’s Standard Bank Group and TymeBank, the South African challenger fintech to open a shop in Asia. Standard Bank has offices in Singapore and Dubai, while TymeBank recently expanded to the Philippines. Hebert Wigwe, chairman of Access Holdings, the parent company of Access Bank, warned that Africa could be cut off from the global financial system. The bank chief says they will keep pushing that wall until they are on the global stage.
Nigeria’s Largest Lender to Expand to Asia