Access Holdings completed the process of taking ownership of the Angolan operations of Standard Chartered Bank (StanChart), a multinational lender based in Britain but operating from Africa, Asia and the Middle East.
Its commercial banking division, Access Bank, delivered the purchase of the banking assets, Access Holdings said in a Wednesday statement, four months after announcing the deal.
Transactions targeting StanChart’s subsidiaries in the Gambia, Cameroon, as well as its consumer and private banking business in Tanzania, are to be finalised soon.
