• Home
  • Banking
  • New: Investor Confidence Drives Access Bank Ghana’s 7.44% Share Sale
Image

New: Investor Confidence Drives Access Bank Ghana’s 7.44% Share Sale

Access Bank Ghana has completed the sale of a 7.44% equity stake on the Ghana Stock Exchange (GSE), marking a significant step in its strategy to deepen local ownership and enhance liquidity in its shares.

The transaction involved the sale of 12,085,318 ordinary shares, representing 7.44% of the bank’s issued shares. Executed on July 15, 2026, the sale was carried out by Access Bank PLC, the bank’s parent company, following the receipt of all required regulatory approvals, including a no-objection from the Bank of Ghana.

The share offering attracted strong interest from pension funds, institutional investors, and high-net-worth individuals, reflecting sustained confidence in Access Bank Ghana’s financial performance and long-term growth prospects.

Speaking on the development, Managing Director of Access Bank Ghana, Pearl Nkrumah, said the transaction aligns with the bank’s strategic objective of increasing local participation in its ownership structure while creating greater value for stakeholders.

“This transaction reflects our continued commitment to deepening local ownership and liquidity in our shares, consistent with our strategic priorities. We remain focused on converting the scale we have built into sustained value for all our stakeholders,” she said.

ALSO READ: STANBIC BANK KENYA APPOINTS MICHAEL MUTIGA AS NEW CEO

The successful placement is expected to improve the liquidity of Access Bank Ghana’s shares on the Ghana Stock Exchange while broadening its shareholder base. Analysts believe the increased local participation could further strengthen investor confidence and support the bank’s long-term growth ambitions.

IC Securities acted as the adviser and executing broker for the transaction, overseeing the successful execution of the share sale.

Listed on the Ghana Stock Exchange, Access Bank Ghana operates as a full-service commercial bank offering corporate, commercial, retail, and public-sector banking services across the country. As a subsidiary of Access Bank PLC and a member of the broader Access Group, the bank continues to expand its footprint while supporting financial inclusion and economic development in Ghana.

The completion of the transaction reinforces Access Bank Ghana’s commitment to building a stronger local investor base and aligns with broader efforts to deepen Ghana’s capital markets through increased participation by domestic institutional and individual investors.

Related Posts

IFAD, Equity Bank launch $200m climate finance in East Africa

IFAD and Equity Group launches $200m climate finance mechanism for smallholder farmers and rural businesses in East Africa…

ZB Bank Appoints Arthur Matsaudza as new CEO

The Board of Directors of ZB Bank has announced the appointment of Arthur Matsaudza as the bank’s new…

Afreximbank deepens support for Uganda’s new growth ambitions

The African Export-Import Bank (Afreximbank) is strengthening its partnership with Uganda as the country advances its Tenfold Growth…

NCBA opens 100th branch in Kenya at NORD Mall, Ruiru

NCBA has officially unveiled its NORD Branch at The NORD Mall in Ruiru, marking the bank’s 100th branch…

Leave a Reply

Your email address will not be published. Required fields are marked *