Access Bank is set to acquire the National Bank of Kenya

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Nigerian bank, Access Bank is set to acquire the National Bank of Kenya for $99.6 million.

Access Bank is Africa's largest bank by customer base. It had assets worth $28.8 billion as at 2022.

The bank acquired 83.4% of Kenyan bank, Sidian Bank for $36.8 million in 2022. They also acquired Cavmont Bank (Zambia), Grobank (South Africa), Transnational Bank (Kenya), Diamond Bank, Intercontinental Bank, Marina Bank and Capital (Nigeria).

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