
The acquisition is set to strengthen Access Bank Plc’s presence in Zambia while furthering the growth in the COMESA region. (Image source: Global Financing Facility/Flickr)
Access Bank (Zambia) Limited (ABZ), subsidiary of Access Bank Plc, has entered into a definitive agreement with Cavmont Capital Holdings Zambia Plc (CCHZ) regarding a proposed acquisition of Cavmont Bank Limited (Cavmont Bank), a subsidiary of CCHZ and subsequent merger of Cavmont Banks operations into ABZ