The Access Bank UK Limited has released the Annual Report and Accounts for 2015. Entitled “Where Relationships Matter”, the report focuses on our values, commitment to developing a sustainable business model and how this defines our approach to risk and our passion for customer service.
Mr Herbert Wigwe (Chairman and Non-Executive Director) said about the Report: ‘The Access Bank UK has become the business we always envisaged it would. Founded on a model of excellent service, strong customer relationships and a moderate risk appetite, it has grown income, increased profit and delivered a healthy return on equity. Importantly, it is adding value to Access Bank Group as a whole and enhancing the Group’s stature on the international stage (…) Financially, The Access Bank UK had a very successful year in 2015. Our operating income increased to £19.7m, pre-tax profit rose to £8.6m and our return on equity rose to 13.2%’.
Mr Jamie Simmonds (Chief Executive Officer) added: ‘In 2015, our diversified revenue streams and growing customer base delivered better than ever income, profit and return on equity. We continued investing in our operational performance and we enhanced our brand across the international marketplace. From every perspective, our success reflects the now well-proven efficacy of our service orientated, customer focused, moderate risk appetite business model’.
The Access Bank UK Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.