First Bank

Wednesday, July 20, 2016

Access Bank Sets The Pace With First In Africa Global Finance Award

Banking should never be sullied or strained; either it grows from a place of purpose and significance for the magnate, to invoke applause and emotional impact, or it is just another random business.

Access Bank Plc. is neither sullied nor strained hence it’s enviable capacity to be on song always. For the umpteenth time,
Access Bank has commanded the applause of critical agencies. Like an indefatigable knight and conqueror of life’s greatest odds, the foremost banking institution has recorded yet another feat and a remarkable first by its recent win of the global Karlsruhe Sustainable Finance Award in Karlsruhe, Germany. By its win, Access Bank emerges as the first African recipient of the much coveted Outstanding Business Sustainability Achievement award in Germany.

Herbert Wigwe, the bank’s Managing Director (MD), was in attendance to receive the prize on behalf of the multiple award winning financial giant. He thanked the organizers for the honour and enthused that Access Bank can only do better as it is committed to the best banking practices and excellent corporate social responsibility principles.

The Karlsruhe Sustainable Finance Awards honours financial institutions and organizations with significant contributions to the field of sustainable finance. The awards aim to provide recognition to financial institutions that have successfully embedded economic, social and environmental sustainability into their business, honour organizations that have made outstanding contributions in the field of sustainable finance and stimulate the interests of financial institutions and other stakeholders in integrating sustainability in their core business strategy.

It also seeks to promote the growth of sustainable financial instruments and markets worldwide particularly in the fields of green finance and investments, financial inclusion and social finance, green equity and venture capital and holistic integration of sustainability in the financial services institutions

It would be recalled that Access Bank recently emerged winner of the Best Flow House in Africa accolade in the Euromoney Awards for Excellence 2015, which held at the Natural History Museum in London, United Kingdom (UK). That was the first time an African Bank will be recognised as winner of this highly sought award. The bank’s win comes in recognition of its increasing transaction flows across Africa, particularly its dominance in the Nigerian financial markets

According to Euromoney, the Best Flow House award is given to honour firms that have demonstrated an ability to excel across the region in the key areas of foreign exchange, equities, rates and credit. The winning firm must also have shown commitment to providing liquidity and pricing in all market conditions. Also, such firm will have shown leadership in developing and integrating technology into its sales and trading businesses, as well as the importance of research.


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