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Banking sector: Access Bank takes over Standard Chartered Bank Cameroon

09/12/2025
Source : ORISHAS FINANCE
Categories: Sectors

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An official statement from Standard Chartered dated December 5, 2025 announces the transfer of the company's shares to the group Nigerian bank Access Bank Plc.

Nigerian banking group Access Bank Plc takes over the control of Standard Chartered Bank Cameroun, the group's local subsidiary British. With the purchase of the assets of Standard Chartered Bank Cameroon, Access Bank Cameroon is thus strengthening its foothold in the country. The bank says serve more than 22,000 customers — businesses, individuals and retailers — through five agencies located in Douala and Yaoundé. The acquisition must mainly expanding its business financing portfolio and services for large companies, two traditionally privileged segments in Cameroon by Standard Chartered Bank.

This acquisition opens a new phase for Access Bank of expansion, with synergies expected for the existing clientele of Standard Chartered Cameroon. It is a major step for the group. Nigerian, which is consolidating its already extensive network of subsidiaries in 14 countries African countries, while strengthening its international presence in the United Kingdom, United Arab Emirates, China, Lebanon, France and India.

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