The Access Bank UK Limited: Best Africa Trade Finance Bank 2022
Founded in 2008, The Access Bank UK Limited levers a strong home base and international branches to build relationships with clients worldwide. The Access Bank UK Limited offers a wide range of Trade Finance, Commercial Banking, Private Banking and Asset Management products and services. The Head Office is located in the heart of the City of London and the Operations Division is based near Manchester. The Access Bank UK Limited has a branch operation within Dubai’s International Finance Centre and offices in Lagos, Nigeria. The Access Bank UK Limited is a subsidiary of Access Bank Plc which has recently also established business in South Africa and extended its operations in Zambia. Currently Access Bank Plc is ranked as the 14th largest banking group in Africa and its expansion efforts continue to gather momentum, with six new country projects underway.
The Access Bank UK has continued its controlled growth and expansion leveraging its trade finance capabilities. The bank saw an 8 percent increase in trade finance business in 2021, with nearly $4bn in trade finance over 4,500 transactions. It has established correspondent banking relationships in Nigeria and in several additional African countries. The Access Bank UK Limited credits the growth — and its dependable reputation — to the relationship model of the business. Customer satisfaction is a primary concern, which shows in the bank’s high rate of referrals and retention. During the pandemic the Bank has continued to grow and expand, recently welcoming new team members. The CFI.co judging panel presents The Access Bank UK Limited, a repeat programme winner, with the 2022 award for Best Africa Trade Finance Bank.
