Le groupe bancaire Access Bank Cameroon has reached agreements to acquire Standard Chartered's shares in its subsidiaries in Angola, Cameroon, Gambia, Sierra Leone, as well as in its retail and corporate banking activities in Tanzania. According to Ellis Nzo Asu, managing director of Access Bank Cameroon, everything is already finalized,

As part of its expansion plan, Access Bank Cameroon plans to open between five and seven new branches in Cameroon in 2025. The bank's management is banking on the acquisition of the local subsidiary of the British group Standard Chartered Bank to achieve this. Indeed, with the ongoing acquisition of Standard Chartered Bank in Cameroon, Access Bank Cameroon will strengthen its presence in the country, in addition to its five branches already open, including one in Yaoundé and four in Douala. This acquisition also represents a major step for the banking group, as it reinforces its already extensive network of subsidiaries in 14 African countries, as well as its international presence in the United Kingdom, United Arab Emirates, China, China, China, Lebanon, Lebanon, France and India. It will also open the way to a multitude of opportunities that benefit its customers directly.