We are delighted to have been awarded ‘Best Africa Trade Finance Bank 2023’ by CFI.co for the eighth consecutive year.
Each year, CFI.co seeks out individuals and organisations that contribute significantly to the convergence of economies and truly add value for all stakeholders. Reporting from frontlines of economic convergence, CFI.co realises that best practice is to be found throughout the world and the Awards Programme aims to identify and reward excellence wherever it is found in the hope to inspire others to further improve their own performance.
This award is a further recognition of our hard work, perseverance and commitment to ensuring that our customers receive the best possible service and products tailored to meet their needs. It acknowledges our progress towards becoming recognised as the world’s most respected African Bank.
The CFI.co judging panel stated in their report:
‘The Access Bank UK is headquartered in The City of London, the European financial centre that’s actually a city within a city. In addition to this prime location, the bank has a strong base in the UK and abroad, with fully regulated branch operations in Dubai’s International Finance Centre and in Paris, France and a Representative Office in Lagos, Nigeria. The UK bank forms the international expansion arm of the Access banking group, which has a network spanning three continents, 12 countries and 55 million customers. The Access Bank UK offers a comprehensive range of services, including commercial banking, asset management and trade finance. It is a correspondent bank to the Central Bank of Nigeria and a confirming bank in the IFC’s Global Trade Finance Programme. The Access Bank UK has a wide ranging geographical footprint and internationally experienced staff which allows it to unearth and nurture opportunities across OECD markets. This year, the bank has advanced plans to open in other new jurisdictions. The Access Bank UK provides trade finance services that help attract investments to Sub-Saharan Africa and support the international expansion of its businesses. The bank’s income has risen consistently over the past twelve years. Over the past year, the bank’s income driven strategy has led to increases of 18 percent in revenue, 13 percent in pre-tax profits and 26 percent in lending. The CFl.co judging panel presents repeat winner The Access Bank UK with the 2023 award for Best Africa Trade Finance Bank’.