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BANCABC COMPLETES REBRAND TO ACCESS BANK BOTSWANA

Jimmy by Jimmy
November 30, 2021
in Business
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BANCABC COMPLETES REBRAND TO ACCESS BANK BOTSWANA

Herbert Wigwe

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BancABC today announced that it has officially rebranded and has completed all processes required and will henceforth be known as Access Bank Botswana. This comes months after Access Bank Plc, a leading pan-African commercial bank, completed the acquisition of a 78.15% shareholding in the Botswana Stock Exchange-listed local entity.

Access Bank’s entry into Botswana is in line with its expansion drive across the African continent and its strategy to be the continent’s financial gateway to the world. The Bank has over the years continued to cement its presence in African markets and beyond. The financial powerhouse’s operations currently span 3 continents, 12 countries with Botswana being among its newest additions, and over 42 million customers.   

Guided by its rapid expansion drive and consequent customer base growth, Access Bank is promising customers in Botswana a unique banking experience providing more opportunities, more benefits, more products, and an even stronger and faster digital banking platform for customers.

Commenting on the rebrand, Kgotso Bannalotlhe, Managing Director, Access Bank Botswana said: “Access Bank is a customer-centric institution and as such, we will provide our wholesale, corporate and retail customers with competitive financial products, efficient digital banking/financial solutions and an unrivalled customer experience. Our customers will have the unique advantage of tapping into our extensive global network that brings about numerous business opportunities and endless possibilities for business growth.

“Also at the heart of our brand promise is ensuring that our operations deliver sustainable economic growth that is profitable, environmentally responsible, and socially relevant. We are also committed to supporting the growth of small and medium-sized enterprises (SMEs), and fostering financial inclusion and deepening which will, in turn, promote development of the country.”

Group Managing Director and CEO of Access Bank Plc, Dr. Herbert Wigwe described Access Bank’s entry into Botswana as strategic to the bank’s vision.

“Our entry into Botswana is more than a business expansion move, it is a recognition of the significance of Botswana to our vision of becoming the World’s Most Respected African Bank. The special status which Botswana has within the continent and the sub-region of South Africa as one of Africa’s most stable and burgeoning economies cannot be contested. We are therefore really excited about this warm reception and we are confident that this entry will be of immense benefit to the Botswana economy and will propel our institution towards realizing its vision,” Dr. Wigwe noted.

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  • Skelemani mishandled Kgosi Mosadi Pan African Parliament furoreMarch 22, 2023
    Adam Phetlhe The ravaging inferno sparked by the purported resignation of Kgosi Mosadi Seboko from the Pan-African Parliament (PAP) is fuelled by the Speaker of the National Assembly, Phandu Skelemani mishandling the matter. Had he performed due diligence on […]
  • Ithuba to roll-out LottoMarch 22, 2023
    STAFF WRITERS editors@thepatriot.co.bw Ithuba Solutions Botswana is waiting with bated breath for an announcement on the issuance of a lottery license, by the Gambling Authority, following the successful conclusion of negotiations in December 2022, The Patriot on Sunday has […]
  • BDP rejects Living WageMarch 22, 2023
    BAKANG TIRO editors@thepatriot.co.bw Ruling Botswana Democratic Party (BDP) MPs on Friday defeated the motion proposed by MP for Nkange constituency Dr Never Tshabang, proposing for government to introduce a living wage, which will be adjusted according to the cost […]
  • Uganda passes a law making it a crime to identify as LGBTQMarch 22, 2023
    Report by Elias Biryabarema Reuters Uganda’s parliament passed a law on Tuesday making it a crime to identify as LGBTQ, handing authorities broad powers to target gay Ugandans who already face legal discrimination and mob violence. More than 30 […]
  • Ian Khama to receive African Icon Award  March 22, 2023
    KT Press Former Nigerian President, Dr. Goodluck Ebele Jonathan will headline other African greats who are set to be honoured at the maiden edition of The African Heritage Concert and Awards slated to hold in Kigali, Rwanda on April […]
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