Access Holdings Plc, the parent company of Access Bank, has announced that the lender received regulatory approval to acquire African Banking Corporation Zambia Limited (Atlas Mara Zambia).
The Nigerian lender has been making series of acquisition across Africa to boost its bottomline and increase access to more liquidity and assets outside the shores of Nigeria.
Part of the acquisitions include African Banking Corporation, also owned by Atlas Mara, in Mozambique. It is also in talks to acquire other African Banking Corporation subsidiary in Botswana.
