{"id":27454,"date":"2021-01-07T08:58:29","date_gmt":"2021-01-07T07:58:29","guid":{"rendered":"http:\/\/thefreezonechannel.com\/?p=27454"},"modified":"2021-10-07T00:23:54","modified_gmt":"2021-10-07T00:23:54","slug":"access-bank-zambia-acquires-cavmont-bank","status":"publish","type":"post","link":"https:\/\/thefreezonechannel.com\/old\/access-bank-zambia-acquires-cavmont-bank\/","title":{"rendered":"Access Bank Zambia acquires Cavmont Bank"},"content":{"rendered":"<p><strong>Tanko Mohammed<\/strong><\/p>\n\n\n<p>The board of Access Bank has announced it has completed acquisition of Cavmont Bank Ltd by its Zambian subsidiary, Access Bank (Zambia) Ltd.<\/p>\n\n\n<p>Mr Sunday Ekwochi, the bank\u2019s Company Secretary, disclosed in Lagos that the acquisition was completed after the bank fulfilled the key conditions, including regulatory approvals.<\/p>\n\n\n<p>\u201cThe merger of Cavmont into Access Bank Zambia is expected to take place before the end of January.<\/p>\n\n\n<p>\u201cFollowing which Access Bank Zambia will emerge as a stronger well-capitalised banking franchise with improved scale and capacity to deliver sustainable and best-in-class financial services in the Zambian market,\u201d he said.<\/p>\n\n\n<p>According to him, the bank looks forward to realising the synergies from the transaction and achieving further growth of the combined platform to the benefit of all stakeholders.<\/p>\n\n\n<p>\u201cGrowing our presence in Zambia remains a strategic priority for Access Bank and with the conclusion of the proposed merger with Cavmont, the bank looks forward to realising the synergies from the transaction,\u201d he added.<\/p>\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-27454\" data-postid=\"27454\" class=\"themify_builder_content themify_builder_content-27454 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->","protected":false},"excerpt":{"rendered":"<p>Tanko Mohammed The board of Access Bank has announced it has completed acquisition of Cavmont Bank Ltd by its Zambian subsidiary, Access Bank (Zambia) Ltd. Mr Sunday Ekwochi, the bank\u2019s Company Secretary, disclosed in Lagos that the acquisition was completed after the bank fulfilled the key conditions, including regulatory approvals. \u201cThe merger of Cavmont into [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11060,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[125,241],"tags":[492],"class_list":["post-27454","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-money","category-foreign","tag-access-bank","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Access Bank Zambia acquires Cavmont Bank - The Freezone Channel<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thefreezonechannel.com\/old\/access-bank-zambia-acquires-cavmont-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Access Bank Zambia acquires Cavmont Bank - The Freezone Channel\" \/>\n<meta property=\"og:description\" content=\"Tanko Mohammed The board of Access Bank has announced it has completed acquisition of Cavmont Bank Ltd by its Zambian subsidiary, Access Bank (Zambia) Ltd. 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