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  #1701 (permalink)  
Old 20th August 2016, 01:28 AM
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Default Re: Access Bank

Quote:
Originally Posted by Waves View Post
Without taking anything away from the management's commendable effort at increasing interest income while reducing interest expense, the most important thing for me in this result in the 100% increase in 'Fees and Commission". If you look at Note 10 which seeks to explain this, you realize that this result is very similar to that of GT Bank. Access made an extra N16 bill from "Channel and other E-business'. As I noted on GT bank results, this can only mean banks are fleecing their customers using ATM abroad or online.
Do fees from online transfers fall into this classification?
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  #1702 (permalink)  
Old 20th August 2016, 07:59 AM
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Default Re: Access Bank

Quote:
Originally Posted by aysok1 View Post
Do fees from online transfers fall into this classification?
Yes, I guess so. But you will not move from N2 billion to N18 billion by collecting small amounts even if you GT Bank, the most tech savvy of them all.
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  #1703 (permalink)  
Old 10th October 2016, 10:44 AM
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Default Re: Access Bank

Access Bank Plans to Sell 19% Stake in Ghana Unit in IPO - Bloomberg


Access Bank Plc, a Nigerian lender, plans to sell a stake of about 19 percent in its Ghana unit in an initial public offering that will begin before the end of the year.
The lender is seeking to raise at least 104 million cedis ($26 million) issuing shares at 4 cedis each, Jacob Aidoo, the head of issuers at the Securities and Exchange Commission, said by phone from Accra on Thursday. Access Bank Ghana Ltd. can
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  #1704 (permalink)  
Old 14th October 2016, 04:59 PM
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Default Re: Access Bank

Access Bank Plc Successfully Raises US$300m Eurobond

https://www.proshareng.com/news/Bonds/Access-Bank-Plc-Successfully-Raises-US$3/32585

Quote:
Earlier today, Bloomberg reported that Access Bank PLC (ACCESS) successfully raised US$300 million via an Eurobond maturing in October 2021, at a yield of 10.75%.

This news follows an October 3rd announcement by the bank stating plans to refinance its US$350 million Eurobond which is maturing in July 2017 as part of a US$1 billion global medium term note programme.

The Bank also announced that exchange instructions in respect of US$113 million in aggregate principal amount of the existing Notes have been received by the Exchange Agent at or prior to the Exchange Deadline.
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  #1705 (permalink)  
Old 28th October 2016, 03:22 PM
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Default Re: Access Bank

http://www.nse.com.ng/Financial_News...TOBER_2016.pdf
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  #1706 (permalink)  
Old 2nd November 2016, 12:31 PM
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Default Re: Access Bank

Pls, I need the 2015 audited financial statements
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  #1707 (permalink)  
Old 2nd November 2016, 04:47 PM
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Default Re: Access Bank

Quote:
Originally Posted by adeshina950 View Post
Pls, I need the 2015 audited financial statements
http://www.nse.com.ng/Financial_News...MARCH_2016.pdf
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  #1708 (permalink)  
Old 6th March 2017, 01:16 PM
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Default Re: Access Bank

BRIEF-Access Bank reports FY group pre-tax profit of 90.34 bln naira | News by Country | Reuters

40K final
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  #1709 (permalink)  
Old 6th March 2017, 01:55 PM
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Default Re: Access Bank

http://nse.com.ng/Financial_NewsDocs...MARCH_2017.pdf

What is this "Derivative" that Access Bank is making N50 bill?
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  #1710 (permalink)  
Old 7th March 2017, 03:56 PM
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Default Re: Access Bank

http://nse.com.ng/Financial_NewsDocs...MARCH_2017.pdf
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