Access Holdings Completes N179bn Acquisition of Nation Bank Kenya, Expanding East Africa Presence

Access Holdings (NGX: ACCESSCORP), the parent company of Access Bank, has finalized the acquisition of Nation Bank Kenya (NBK) for approximately N179.1 billion. The deal, announced in May 2025, is pending regulatory approvals in Nigeria and Kenya.

Once completed, NBK will officially become part of Access Bank's network, expanding its footprint in East Africa. This move aligns with Access Holdings' strategy to position itself as Africa's gateway to the world and boost financial inclusivity and intra-African trade.

Zenith Bank (NGX: ZENITHBANK) is also set to enter the Kenyan market, joining Access Bank, Guaranty Trust Bank (NGX: GTCO), and UBA (NGX: UBA) in expanding their presence in Kenya.