Seven months after Access Bank and Diamond bank merged to form the largest bank in Africa by customer-size, Access Bank is set to acquire another bank, but this time, in Kenya. This move will expand the Nigerian lender’s footprint across Africa.

Access Bank received the go-ahead to acquire Transnational Bank Limited after confirmation from Competition Authority of Kenya. The acquisition will see Access Bank takeover 93.57% of Transnational Bank Limited.

Earlier this year, Access Bank and Diamond Bank merged to form a leading Tier 1 Nigerian bank, spanning three continents, 12 countries and 29 million customers. Kenya’s Central Bank has been pushing for a merger between... https://nairametrics.com/2019/10/26/access-bank-to-acquire-kenyan-bank-seven-months-after-merger-with-diamond-bank/