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Monday, 19 April 2021

Access Bank acquires majority stake in Botswana’s 5th-largest lender BancABC

Access Bank acquires majority stake in Botswana’s 5th-largest lender BancABC: Access Bank will acquire just over 78 percent of BancABC Botswana for an undisclosed cash sum of around 1.13 times book value as well as a two-year deferred payment, Atlas Mara said in a statement on Monday.

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