“Access Bank Exceeds CBN’s N500Bn Share Capital Requirement, Reaches N600Bn Following Successful N351.01Bn Raise”

This milestone cements Access Bank’s position as the first Nigerian financial institution to meet the new capital threshold, well ahead of the March 2026 deadline. The achievement highlights the Group’s proactive approach to regulatory compliance and its commitment to maintaining industry leadership.

A Trailblazer in Digital Capital Raising

Access Holdings also broke new ground by executing the country’s first fully digital Rights Issue. Utilizing the NGX’s E-offer platform, the Company provided shareholders with a seamless and user-friendly subscription process, reducing barriers and democratizing access to the equity capital market. This innovation underscores the Group’s dedication to leveraging technology for operational excellence and stakeholder engagement.

Reflecting on the success, Aigboje Aig-Imoukhuede, CFR, Chairman of Access Holdings Plc, remarked:

“Since 2004, Access Bank has consistently demonstrated leadership by raising significant capital to meet regulatory benchmarks. With this Rights Issue, we have once again proven our ability to adapt and excel, setting a benchmark in the financial sector.”

He acknowledged the critical roles played by regulatory bodies and the unwavering support of shareholders:

“We deeply appreciate the guidance of the CBN and SEC in ensuring the integrity of this exercise. To our shareholders, your loyalty and belief in the Access brand over the years have been truly inspiring.”

With a robust capital base, Access Holdings is positioned to deliver sustainable growth and enhanced stakeholder value in the years ahead. This achievement not only strengthens the Group’s financial foundation but also reaffirms its commitment to innovation, resilience, and market leadership as it charts a path toward a more prosperous future.