
The Access Bank UK Limited has officially launched its first fully owned subsidiary in Malta: The Access Bank Malta Limited.
This strategic move reinforces growing trade ties between Europe and Africa, positioning Malta as a key player in cross-continental financial cooperation.
At the launch event, Maltese Minister Stefan Zrinzo Azzopardi hailed the milestone, saying it aligns with Malta Vision 2050 to position the island as a global financial and innovation hub.
The new subsidiary will initially employ 30 people and focus on international trade finance.
Jamie Simmonds, CEO of The Access Bank UK, noted that Europe accounts for nearly 30% of Africa’s total trade, emphasising Malta’s ideal positioning.
Roosevelt Ogbonna, CEO of Access Bank Group, described the move as part of their vision to become “Africa’s Gateway to the World.”
Renald Theuma, the first ever Managing Director and Chief Executive Officer of The Access Bank Malta Limited, stated that the launch will “facilitate seamless cross-border trade between Europe and Africa, leveraging Malta’s unique position as a financial hub.”
The Access Bank Malta Limited will offer tailored corporate services, aiming to deliver exceptional client experiences while building strong Europe-Africa business ties.
Licensed by the Malta Financial Services Authority (MFSA), the Sliema-based bank joins the Group’s network across Europe, Africa, and Asia, continuing its rapid expansion and commitment to global trade integration.
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