The Chairman of Access Holdings Plc, Aigboje Aig-Imokhuede, says he is confident that the bank would raise $300 million in capital for Access Bank, considering the bank’s strong market position and shareholders’ support.
Mr Aig-Imokhuede said this in an interview with the News Agency of Nigeria (NAN) on the sideline of Access Holdings’ second Annual General Meeting (AGM) held in Lagos.
NAN reports that the Central Bank of Nigeria (CBN), on 29 March, directed commercial banks in Nigeria with international authorisation to shore up their capital base to N500 billion and national banks to N200 billion.
Similarly, non-interest banks with national and regional authorisation will increase their capital to N20 billion and N10 billion, respectively.
