Access Bank

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Herbert Wigwe's photo - Managing Director & CEO of Access Bank

Managing Director & CEO

Herbert Wigwe

CEO Approval Rating

81/100

Founded:

1988

Status:

PublicIndependent CompanyOtherACCESS

ACCESS BANK TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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First Bank of Nigeria has been one of Access Bank's top competitors. First Bank of Nigeria is a Private company that was founded in 1894 in Lagos, Lagos. Like Access Bank, First Bank of Nigeria also competes in the Banks sector. Compared to Access Bank, First Bank of Nigeria has 2,102 more employees.

Zenith Bank is seen as one of Access Bank's biggest rivals. Zenith Bank is a Public company that was founded in Victoria Island, Lagos in 1990. Like Access Bank, Zenith Bank also operates in the Banks sector. Zenith Bank has 631 more employees vs. Access Bank.

Keystone Bank is perceived as one of Access Bank's biggest rivals. Keystone Bank was founded in Victoria Island, Lagos} in 2011. Like Access Bank, Keystone Bank also competes in the Banks space. Compared to Access Bank, Keystone Bank generates $1.4B less revenue.

Access Bank Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$1.8B

Access Bank's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 908.5M. Over the last three quarters, Access Bank's revenue has grown by 15.7%. Specifically, in Q1 2021's revenue was $411.3M; in Q4 2020, it was $783.4M; in Q3 2020, it was $355.5M.

Access Bank Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
ABC Holdings Limited

Apr 2021

Source »
undisclosed
-
Cavmont Bank Limited

Jan 2021

Source »
undisclosed
Cavmont is a baning firm that provides investment, retail and community banking services for individuals and businesses.
BancABC Mozambique

Sep 2020

Source »
undisclosed
BancABC is a financial institution that provides commercial and personal banking products and services for individuals and businesses.

-

Cavmont Capital Holdings Zambia

Jul 2020

Source »
undisclosed
-
Transnational Bank LTD.

Oct 2019

Source »
undisclosed
TNB is a provider of commercial and personal banking products and services for businesses and individuals.

Access Bank Funding History

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Aug 2020
$93.8M

Dutch development bank

Debt
Jul 2020
$50M
Debt
Mar 2019
$162.5M
Debt
Feb 2018
$100M

Access Bank Investments

No recent investments found related to Access Bank

Access Bank News

Access Bank Press Releases

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Access Bank Headquarters

14/15, Prince Alaba Abiodun Oniru Road

Victoria Island, Lagos101241

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Access Bank Summary

ABOUT

Overview

Access Bank is a financial institution that provides personal and commercial banking services for individuals and businesses. Access Bank was founded in 1988. Access Bank's headquarters is located in Victoria Island, Lagos, NG 101241. It has raised 40...

CEO

Access Bank's Managing Director & CEO, Herbert Wigwe, currently has an approval rating of 81%. Access Bank's primary competitors are First Bank of Nigeria, Zenith Bank & Keystone Bank.

Frequently Asked Questions about Access Bank

  1. When was Access Bank founded?

    Access Bank was founded in 1988
  2. Who is Access Bank's CEO?

    Access Bank's CEO is Herbert Wigwe
  3. How much revenue does Access Bank generate?

    Access Bank generates $1.8B in revenue
  4. How much funding does Access Bank have?

    Access Bank has historically raised $406.3M in funding
  1. Where is Access Bank's headquarters?

    Access Bank's headquarters is in Victoria Island Lagos, NG
  2. How many employees does Access Bank have?

    Access Bank has 6,898 employees
  3. What sector does Access Bank operate in?

    Access Bank is in Banks, Mortgage Finance, Diversified Financial Services
  4. Who are Access Bank's competitors?

    Access Bank's top competitors are First Bank of Nigeria, Zenith Bank, Keystone Bank