> ## Content Index
> Fetch the complete content index at: https://www.theglobalbanker.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Access Bank UK Agrees to Acquire Majority Stake in AfrAsia Bank Mauritius to Extend African-Asian Financial Corridor
- URL: https://www.theglobalbanker.com/access-bank-uk-bid-acquire-76-percent-afraasia-bank-mauritius-african-asian-corridor/
- Published: 2024-11-14T14:00:00.000Z
- Updated: 2026-10-02T13:35:42.000Z
- Description: Access Bank UK signed a binding agreement in November 2024 to acquire a majority stake in AfrAsia Bank Mauritius, subject to regulatory approvals.
- Author: TGB Editorial Team
- Tags: M&A, Africa, #archive

Access Bank UK announced in November 2024 that it has entered into a binding agreement to acquire a majority stake in AfrAsia Bank of Mauritius. 

AfrAsia Bank serves individual, business and institutional clients with links to African and Asian markets. It had total assets of more than USD 5.7 billion at 30 June 2024.

#### REGULATORY APPROVALS REQUIRED

Completion of the transaction is subject to regulatory approvals. 

The parties said they would work in the coming months to complete the acquisition. Access Bank Group CEO Roosevelt Ogbonna called the acquisition 'a pivotal moment in our African growth strategy'. No expected completion date was provided in connection with the announcement.

#### ACCESS BANK'S AFRICAN ACQUISITIONS

Access Bank Group has made acquisitions in markets including Kenya, Zambia and South Africa.