The Group Managing Director of going places financial institution, Access Bank - Mr Hubert Wigwe explains the recognition 'recognizes the impressive achievements made by Access Bank over the past year'.
Here are all the disclosures the Bank head has to say on the development
' Access Bank Plc, One of Africa’s leading Banks, with operations across Sub-Saharan Africa and the UK, has further consolidated its position as a service focused bank in Nigeria by been adjudged the “Best Local Bank in Nigeria 2014” by EMEA Finance Magazine.
'The award recognizes the impressive achievements made by Access Bank over the past year. This includes a successful bond offering in June which raised $400m of additional capital for the bank to finance growth of the loan book, as well as impressive financial results which demonstrate strong progress made in earnings and deposit growth.
Access Bank’s Chief Executive, Herbert Wigwe, said: “We are honored to receive this award. It is formal recognition of the talents, expertise and hard work of all our staff and I want to take this opportunity to thank them”.
“In just ten years Access Bank has grown from a start-up to being the fourth largest bank in Nigeria but we have always remained true to our guiding principle of serving the customer first and foremost. We will continue to strive for excellence in all that we do”.
'The Bank was earlier this year adjudged the best Nigerian company in corporate citizenship in the first ever competitive index on corporate social responsibility in Nigeria, by CSR-in-Action. It also won the Best Bank In CSR at the recently held Business Day award. Access Bank is rated B (Fitch) and A+ Agusto & Co.
Access Bank Plc has also recently introduced several innovative business solutions this year like the launch of its online community “W”, which provides a forum for women to share information and experiences, it also unveiled the Maternal Health Support Scheme (MHSS) and exciting banking solutions designed to cater for the financial and lifestyle needs of women.
According to the award organizers, the award recognizes financial institutions that are industry leaders, consistently report strong financial performance and significantly contribute to the quality of service offered by the financial services industry within their country and across the African continent. The Bank was chosen from several entries from around Africa.
The awards will be officially presented to the Bank at an award ceremony which will be held in London in December. '