Access Bank picks up award for Best Commercial Banking Capabilities at Euromoney's London awards

NIGERIA'S Access Bank was named as having the Best Commercial Banking Capabilities at a global awards ceremony in London organised by leading global financial publishing house Euromoney.

Yesterday, the prestigious award was presented to the bank’s group managing director Herbert Wigwe, at the Euromoney Private Banking Awards 2018, which took place at the Landmark Hotel in Marylebone, London. Euromoney's awards are among the most prestigious in the growing area of wealth management and cover over 60 countries each year.

In its recently released results of the annual Private Banking and Wealth Management Survey, Euromoney noted that Access Bank’s commercial banking capabilities showed significant improvement within the past year. Its award is given to honour firms that have proven to be leading providers of exceptional commercial banking services and have also shown an outstanding contribution to the sector.

Euromoney's annual Private Banking and Wealth Management Survey is the industry’s leading barometer of the world’s best service and product providers to the world’s wealthy. It provides a qualitative review of the best services in private banking, by region and by areas of service.

It is also an informative guide for high net-worth individuals on the range of professional wealth management service providers that are available. The commercial banking category refers to the expertise the bank has to fulfil the business needs of clients and commitment to providing liquidity in all market conditions and such a firm would have shown leadership in developing and integrating technology into its sales and business operations.

Mr Wigwe said: “This recognition highlights our commitment and dedication to serving our customers innovatively and putting them at the forefront of our business. We want to say a big thank you to our customers for entrusting us with their businesses and we look forward to our continued partnerships in years to come.

"We provide bespoke services tailored to meet the needs of this segment including building a socially responsible business portfolio. This award is in recognition of our regional expertise as we continue to work towards being Africa’s gateway to the world.”

He assured customers and stakeholders of the financial institution that the bank would sustain this growth momentum while noting that the award is an honour for not just him but the entire workforce of Access Bank and most especially, the commercial banking team. Access Bank has a network of 383 branches and service outlets located in major centres across Nigeria, sub-Saharan Africa and the UK with representative offices in China, Lebanon and India.

Listed on the Nigerian Stock Exchange in 1998, the bank serves its various markets through four business segments namely personal, business, commercial and corporate and investment banking. Access Bank has over 830,000 shareholders including several Nigerian and international institutional investors and has enjoyed what is arguably Africa’s most successful banking growth trajectory over the last 12 years ranking amongst the continent's top 20 banks by total assets and capital in 2016.