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Access Holding PLC, one of Africa’s largest banks, has announced plans to establish a branch in the Caribbean island, aiming to deepen trade links between Africa and the Caribbean.
Aigboje Aig-Imoukhuede, Chairman of Access Holding PLC, outlined the roadmap for Access Bank’s expansion into the Caribbean banking sector.
He noted the challenges faced by Caribbean people in accessing financial services, highlighting the difficulty of opening bank accounts on the island.
Aig-Imoukhuede emphasized the need for an indigenous or local bank that understands the financial needs of the Caribbean people.
These revelations were made during a discussion on opportunities for global investment for economic growth and diversification into Caribbean at the African Export-Import Bank (Afreximbank) Annual Meetings.
“When Access Bank comes to the Caribbean, it will bring the necessary digital services that the people here need to thrive,” he said.
Aig-Imoukhuede also stated, “We must not underestimate the power of conversation.
This is the first time we are having this meeting. What we need to do is to intensify our efforts and, most importantly, catalyze trade and investment.”
He commended the African Export-Import Bank for initiating discussions and building a bridge between the regions.
“I see a market similar to many in Africa, with biases and risks, but Access Bank is prepared to enter and serve this market effectively,” Aig-Imoukhuede concluded.
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