Access Holdings Doubles Down on Good Governance as It Ranks Top for Asset Quality in Nigeria

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Olori Uwem

Well-Known Member
Mar 18, 2024
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Access Holdings Doubles Down on Good Governance as It Ranks Top for Asset Quality in Nigeria

In a testament to its disciplined financial strategy and strong leadership, Access Holdings Plc has reaffirmed its commitment to strong corporate governance following its impressive showing in Proshare’s 2025 Tier 1 Banking Report.

Key Highlights from the Report:
• Access Holdings was named the Tier 1 bank with the best asset quality in Nigeria, posting the lowest Non-Performing Loan Ratio (NPLR) at just 2.76% — a rare feat in Nigeria’s challenging credit environment.
• The Group was ranked second overall among Tier 1 banks, trailing only Ecobank Transnational Incorporated, which scored a perfect 100 percentile. Access Holdings followed closely with a 91st percentile score.

Access CEO Speaks on the Achievement

Bolaji Agbede, Acting Group CEO of Access Holdings, stated that the ranking goes beyond numbers:

“This reflects the strength of our governance, the quality of our decision-making, and our focus on long-term value creation. It is a testament to the discipline of our people and the effectiveness of our pan-African strategy.”

She added that sustainable success, especially in today’s rapidly evolving financial environment, lies in balancing growth with resilience. According to her, Access Holdings remains committed to executing with precision, building with purpose, and innovating with integrity across Africa and beyond.

Why This Ranking Matters

The 2025 Proshare Bank Strength Index (PBSI) introduced a more comprehensive evaluation framework to reflect the realities of Nigeria’s ongoing bank recapitalisation efforts. This year’s model went far beyond traditional financial metrics.

It assessed:
• Capital adequacy and size
• Asset quality and sustainable growth
• Digital transformation and earnings diversification
• Governance quality and board diversity
• Profitability and cost-efficiency

️ Proshare Chairman Weighs In

At the launch event, Olufemi Awoyemi, Chairman of Proshare, praised Access Holdings for its resilience and transformation, saying:

“Access Holdings has proven itself as a strong, adaptive institution. Its robust capital base, successful fundraising, and continental expansion show that it’s not only growing, but also evolving.”

He added that as recapitalisation reshapes Nigeria’s banking industry, Access Holdings is positioned to be a trailblazer in the future of African finance.

What This Means for Investors & Stakeholders

This recognition sends a clear message:
✅ Strong governance still matters.
✅ Access Holdings is not only managing risk but excelling at it, even in uncertain times.
✅ Investors can have increased confidence in the Group’s sound credit practices and sustainability agenda.

With continued emphasis on resilience, innovation, and responsible banking, Access Holdings continues to define what financial leadership in Africa should look like.