Access bank holdings Archives - Business Today NG https://businesstodayng.com/tag/access-bank-holdings/ The Hub of News Reporting Sat, 28 Sep 2024 05:38:49 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.1 Access Holdings Donates Over ₦1 Billion To Support Flood Relief Efforts In Borno https://businesstodayng.com/access-holdings-donates-over-%e2%82%a61-billion-to-support-flood-relief-efforts-in-borno/ Sat, 28 Sep 2024 05:38:49 +0000 https://businesstodayng.com/?p=44919 In a demonstration of its commitment to community support, Access Holdings Plc (‘the Group’), leading African financial group, has announced a donation of over ₦1 billion to assist with relief and recovery efforts in Maiduguri, through its banking vertical – Access Bank Plc.The announcement was made during a visit of the Group’s delegates, led by […]

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In a demonstration of its commitment to community support, Access Holdings Plc (‘the Group’), leading African financial group, has announced a donation of over ₦1 billion to assist with relief and recovery efforts in Maiduguri, through its banking vertical – Access Bank Plc.The announcement was made during a visit of the Group’s delegates, led by Bolaji Agbede, Acting Group Chief Executive Officer, to the Borno State Government House in Maiduguri.

The donation, which comes in response to the devastating floods that have severely impacted the region, is aimed at providing both immediate and long-term respite.Access Holdings’ contribution will be allocated as ₦500 million in cash to support the state government’s on-the-ground response efforts, ₦500 million for the restoration of critical infrastructure damaged by the flood, as well as essential food supplies to ensure the most vulnerable receive care.

Speaking at the meeting, Bolaji Agbede, Acting Group Chief Executive Officer of Access Holdings Plc, reaffirmed the Group’s commitment to supporting the people of Borno, restating a pledge to impact lives of communities where the institution operates.

“At Access Holdings, we believe in positively impacting the communities we serve, not only as a financial institution, but as a family that cares deeply for its people. We recognise the resilience of the people of Borno, and we are committed to providing the support necessary to overcome this difficult time. This donation is not merely about the funding; it is about offering immediate succour to families and individuals, who have been affected, while also contributing to local economic resurgence and long-term resilience through the restoration of essential infrastructure,” said Agbede.

Governor Babagana Zulum, who graciously received the Access Holdings delegation, expressed appreciation for the donation and the company’s swift response to the crisis.

“We are moved by the generosity and commitment shown by Access Holdings and Access Bank during this critical time. This donation of ₦1 billion is appreciated during this challenging time and will be judiciously utilised to impact the lives of all those who have been affected by the incident. The restoration of our hospitals and essential services will strengthen our resilience, while the food relief will provide immediate comfort to families and individuals in distress. Truly, this support speaks to the importance of cooperation between the government, and the private sector in improving the lives of our local communities,” said Zulum.

The donation sees Access Holdings become the first mainstream financial institution to offer support to Borno in the wake of the disaster that affected over one million people- leaving entire residential areas submerged and tens of thousands of people displaced. The company remains committed to working closely with the Borno State Government, aid organisations, and other stakeholders to ensure relief reaches those most in need and the state is well-positioned for recovery.

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Access Holdings Strengthens Commitment To Child Education, Donates Buses To Bethesda Child Support Agency https://businesstodayng.com/access-holdings-strengthens-commitment-to-child-education-donates-buses-to-bethesda-child-support-agency/ Fri, 30 Aug 2024 10:46:34 +0000 https://businesstodayng.com/?p=44234 In demonstration of its commitment to social impact, Access Holdings Plc has taken another significant step towards empowering vulnerable children through education. As part of its longstanding partnership with Bethesda Child Support Agency, the Human Resources and Executive Office team of Access Holdings PLC, as part of its Corporate Social Responsibility (CSR) program, acquired and […]

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In demonstration of its commitment to social impact, Access Holdings Plc has taken another significant step towards empowering vulnerable children through education. As part of its longstanding partnership with Bethesda Child Support Agency, the Human Resources and Executive Office team of Access Holdings PLC, as part of its Corporate Social Responsibility (CSR) program, acquired and formally handed over two coaster buses to the organisation during a ceremony held recently at Access Towers in Victoria Island, Lagos.

This donation marks an important moment in Access Holdings’ mission to provide quality education to 1,000 underprivileged children across Nigeria—a mission that has been at the heart of its corporate social responsibility (CSR) efforts for over a decade. The newly donated buses are set to play a crucial role in Bethesda’s operations, enabling the safe and efficient transportation of children to and from school, thus removing one of the significant barriers to education for these young minds.

The team of about 20 employees has in the last couple of years channelled resources generated mainly from personal funds under its CSR program to support Bethesda’s comprehensive services, which include education, healthcare, and essential support for underserved children. This partnership exemplifies how individuals, groups and corporate initiatives can extend beyond philanthropy, directly impacting lives and fostering community development.

Speaking at the handover event, Victor Willie, Head of Government & Stakeholder Relations at Access Holdings PLC, emphasised the transformative potential of this partnership: “This collaboration with Bethesda is more than just a philanthropic gesture; it’s about creating tangible opportunities and breaking the cycle of poverty for vulnerable children. The buses we’ve donated will help Bethesda reach more children, ensuring they have access to the education that is fundamental to their growth and the future of our nation.

”With millions of Nigerian children still out of school, Access Holdings’ initiatives address a critical need by eliminating obstacles to education. For many of these children, gaining access to education is not merely about learning; it represents a lifeline that can protect them from exploitation and abuse while offering a pathway out of poverty. By addressing transportation challenges, Access Holdings is actively contributing to the creation of a brighter, more equitable future for these children and their communities.

Pastor (Mrs.) Nkoyo Rapu, founder of Bethesda Child Support Agency, expressed deep gratitude during the event, noting the profound impact of Access Holdings’ continued support.

‘Access Holdings has been a dedicated partner in our mission for over ten years. This latest donation of buses will change the lives of countless children who otherwise would have had no access to education. Their support underscores the power of collective responsibility and demonstrates what can be achieved when organisations truly commit to community upliftment. Together, we are unlocking doors of opportunity for those who need it most.”

Access Holdings remains steadfast in its dedication to driving initiatives focused on education, human capital development, and community empowerment. Through enduring partnerships and impactful programs, the organisation continues to work towards building a more just and inclusive society, where every child has the opportunity to realise their full potential.

This partnership with Bethesda Child Support Agency highlights Access Holdings’ belief in the fundamental importance of education as a cornerstone for capacity building, nation-building, and sustainable community development.

Access Holdings Plc is a leading multinational financial services group that offers commercial banking, lending, payment, insurance, and asset management services. Headquartered in Lagos, Nigeria, Access Holdings operates through a network of more than 700 branches and service outlets, spanning three continents, 22 countries, and 60+ million customers.

Access transitioned into a holding company to drive rapid growth and become a full-scale ecosystem player offering interconnected services across customer needs. Established in 2022, Access Holdings Plc consists of the Access Bank Group; Access Pensions; a Payment and Switching Services Company; a Digital Lending Company, and an Insurance Brokerage Company. The banking vertical serves its various markets through four business segments: Retail, Business, Commercial and Corporate, and has enjoyed what is it arguably Africa’s most successful banking growth trajectory in the last eighteen years, becoming one of Africa’s largest retail banks by customer base and Sub-Saharan Africa’s largest bank by total assets.

Access Holdings strives to deliver sustainable economic growth that is profitable, environmentally responsible, and socially relevant, helping customers to access more and achieve their dreams.

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