Tag: equity interest

Access Bank gives update on Transnational Bank of Kenya acquisition

Nigerian tier-one lender, Access Bank group has reported a 44 per cent rise its 9-month profit after tax to N90.7 billion. Meanwhile, the commercial bank has indicated interest to acquire a controlling equity interest in Transnational Bank Kenya. Group Deputy Managing Director of Access Bank, Roosevelt Ogbonna joins CNBC Africa to break down the numbers.