Access Bank Plc has officially responded to the recent directive from the Central Bank of Nigeria (CBN), contained in letter BSD/DIR/COM/LAB/018/008 dated June 13, 2025, which outlines regulatory forbearance measures, including a temporary suspension of dividend payments, bonuses, and investments in foreign subsidiaries.
In accordance with Chapter 17 of the Nigerian Exchange Rulebook 2015, which mandates disclosure of material circumstances, the Company issued a statement to the Nigerian Exchange and the investing public, reaffirming its commitment to regulatory compliance and shareholder value.
The statement highlighted that Access Bank Plc, the banking subsidiary of Access Holdings, became the first bank in Nigeria to meet and exceed the CBN’s N500 billion minimum capital requirement for commercial banks with international authorization, as of December 31, 2024.
Access Holdings further confirmed that the Bank is fully compliant with the CBN’s single obligor limit and remains committed to maintaining regulatory standards across board.
Additionally, the Bank will comply with the CBN’s directive on regulatory forbearance related to credit facilities by the June 30, 2025, deadline, while continuing to maintain strong capital buffers and honouring dividend payments to shareholders.
“We assure our esteemed shareholders and stakeholders of our unwavering commitment to delivering sustainable value both now and in the future,” said Sunday Ekwochi, Company Secretary of Access Holdings Plc.
The Company expressed deep appreciation to its investors and stakeholders for their trust and support, reaffirming its strategic focus on transparency, compliance, and sustainable growth.
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