Recent events
Recent events tied to this brand in public sources.
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2021
Access Bank announces proposed merger of its Zambian subsidiary
Access Bank disclosed that it had executed a binding agreement with Atlas Mara concerning the proposed merger of African Banking Corporation Zambia Limited and Access Bank Zambia Limited. The transaction was expected to conclude in 2022, subject to conditions including regulatory approvals in Nigeria and Zambia.
2021
Atlas Mara completes sale of BancABC Mozambique to Access Bank
Atlas Mara completed the sale of its Mozambique subsidiary, with Access Bank Mozambique assuming ownership and control of BancABC Mozambique's operations effective May 17, 2021.
2021
Atlas Mara creditors agree to extend standstill agreement
Atlas Mara said creditors who had entered into the Standstill Agreement agreed to extend it until 17 May 2021, giving the parties more time to finalize restructuring documentation.
2019
Union Bank secures OPIC funding through partnership with Atlas Mara
Union Bank of Nigeria secured up to $200 million in OPIC funding through an agreement involving Atlas Mara. The ten-year loan is intended to support digitization, lending to SMEs, and women-led businesses.
2019
Union Bank secures up to $200 million in funding
Union Bank of Nigeria secured up to $200 million in 10-year loan funding from OPIC under an agreement involving Atlas Mara. The funding is for digitisation, lending to SMEs and women-led businesses.