Access Bank PLC has finalized the acquisition of National Bank of Kenya (NBK) in a landmark deal designed to strengthen its footprint in East Africa’s vibrant banking sector.
Kenya, a key hub for regional commerce, will now serve as a strategic platform for Access Bank to broaden its operations across the region.
The acquisition combines NBK’s local expertise and heritage with Access Bank’s global innovation, enabling the provision of high-impact solutions across public sector, corporate, retail, and digital banking services.
“This acquisition represents a strategic move to deepen our presence in East Africa, bringing together NBK’s local strength and Access Bank’s innovative global capabilities,” the bank stated in an official release. “We are committed to driving growth and supporting progress where it matters most.”
Access Bank expressed its appreciation for the trust and support of its stakeholders, adding that it is enthusiastic about the opportunities ahead as it integrates NBK into its wider network.
The deal also marks NBK’s transition from KCB Group to Access Bank, heralding a new chapter for the bank in the region.