Access Bank UK has said that AUM in its private banking and asset management business has increased by over 200% to $18.5 million by the end of 2012. Assets under management now stand at $66 million.
Jamie Simmonds, chief executive of Access Bank UK, said: "The fact that we have seen such a large increase in our AUM in our private banking and asset management business is testament to that and our ability to deliver products that perfectly match our clients’ needs."
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Access Bank UK, the wholly owned subsidiary of Access Bank PLC, provides private banking services to African/Nigerian ultra high net worth individuals (UHNWIs) in the UK and Sub Saharan Africa. Services provided include traditional private banking services, property and discretionary portfolio lending.
Access Bank UK was established over five years ago by Access Bank PLC , one of the top four banks in Nigeria, to act as the Group’s OECD hub in order to grow the international business of the group.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
