Access Bank to Acquire Majority Stake in Finance Trust Bank, Targets Financial Inclusion, Empowerment, and Innovation in Uganda

Finance Trust Bank (“FTB”) and Access Bank PLC (“Access Bank”) have announced the signing of a definitive agreement for Access Bank’s equity investment into FTB. The deal will also see Access Bank concurrently acquiring the shares currently held by FTB’s Institutional Shareholders who have sought to exit to a strategic, long-term shareholder. The transaction is … Continue reading Access Bank to Acquire Majority Stake in Finance Trust Bank, Targets Financial Inclusion, Empowerment, and Innovation in Uganda