Access Bank Takes Another Bold Step, Acquires New Bank in Mozambique

Access Bank Plc has announced that its wholly owned banking subsidiary, Access Bank Mozambique, has completed the acquisition of African Banking Corporation, also known as BancABC Mozambique, a subsidiary of the London Stock Exchange-listed Atlas Mara Limited.

Goodbye Grobank, hello Access Bank South Africa

Following the completion of all regulatory procedures, Grobank Limited has been officially renamed Access Bank South Africa Limited.

The deal was finalised after Access Bank’s acquisition of controlling shares in the former Grobank Limited, South Africa.