Access Bank acquires majority stake in African Banking Corporation of Tanzania

In a strategic move to increase its footprint in Tanzania, Access Bank Plc. has successfully acquired a majority equity stake in African Banking Corporation of Tanzania (ABCT) Limited, previously owned by Atlas Mara Limited. With the completion of this transaction, ABCT will merge with the consumer, private, and business banking operations of Standard Chartered Bank … Continue reading Access Bank acquires majority stake in African Banking Corporation of Tanzania