AccessBank is pleased to announce that it has entered into an agreement with Bank Respublika to combine their businesses, subject to obtaining all required regulatory approvals and the satisfaction of customary closing conditions.

The proposed transaction brings together two complementary institutions with a shared commitment to serving customers, supporting businesses and creating long-term value for employees, customers, shareholders and other stakeholders.

As part of the transaction, Bank Respublika will acquire 100% of the shares of AccessBank and at the same time, AccessBank’s existing shareholders will acquire newly issued preferred shares representing in aggregate 25% of Bank Respublika’s charter capital, thereby becoming shareholders of Bank Respublika.

Until the transaction is completed, AccessBank will continue to operate as an independent bank. Our customers can therefore expect business as usual, with no immediate changes to our products, services, branches or day-to-day banking operations.

We will provide regular updates as the process of combination progresses and the transaction moves towards completion.

In the meantime, if you have any questions about the proposed transaction, please visit our Frequently Asked Questions page .
The full text of the press release is available at the following link: Press-release