Access Bank Plc entered into a binding agreement to acquire 83.4% stake in Sidian Bank Limited from Centum Investment Company Limited for KES4.3 billion.

Access Bank Plc entered into a binding agreement to acquire 83.4% stake in Sidian Bank Limited from Centum Investment Company Limited (NASE:CTUM) for KES4.3 billion on June 7, 2022. Sidian Bank reported profit of over KES 486 million in 2021. The completion of the transaction is subject to receipt of customary regulatory approvals in Nigeria and Kenya.