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Access Bank hosts German President Steinmeier, strengthens Nigeria-Germany trade relations

German President Frank-Walter Steinmeier’s visit to Access Bank underscores the bank’s role in advancing trade partnerships between Nigeria and Germany, fostering economic growth and innovation.

Table of Contents


Key Points


  • Access Bank hosts German President Steinmeier during his official visit to Lagos.
  • The bank’s German Desk has supported over 100 German and European businesses across Africa.
  • Access Bank restates its commitment to driving global trade partnerships and economic growth.

Steinmeier’s visit highlights international cooperation

Access Bank Plc, one of Nigeria’s largest commercial banks, hosted German President Frank-Walter Steinmeier at its Lagos corporate headquarters during his official visit to Nigeria on Dec. 12, 2024.

The meeting emphasized Access Bank’s pivotal role in fostering trade relations between Nigeria and Germany, reinforcing its commitment to advancing global economic collaboration. President Steinmeier, who earlier met Nigerian President Bola Ahmed Tinubu in Abuja, praised Access Bank’s efforts in facilitating trade and investment across both regions.

German Desk drives international business and investment

Access Bank’s German Desk, established over six years ago, has been instrumental in assisting German and European businesses in Africa. The unit provides financing and advisory services, supporting over 100 clients in markets such as Nigeria, Ghana, Angola, and South Africa.

By connecting German companies to investment opportunities in Africa, the German Desk has facilitated efficient transactions, trade funding, and advisory services, bolstering Access Bank’s reputation as a key partner in international business.

Access Bank commits to sustainable economic partnerships

Access Bank Managing Director and CEO Roosevelt Ogbonna, along with Non-Executive Chairman of Access Holdings Aigboje Aig-Imoukhuede, reaffirmed the bank’s dedication to fostering economic growth in Africa through international partnerships.

“We are honored to host German President Frank-Walter Steinmeier. His visit highlights Access Bank’s ongoing contributions to strengthening trade relations between Nigeria and Germany. Through our German Desk, we have facilitated partnerships that drive growth, innovation, and economic development,” Ogbonna stated.

Operating in Africa, Europe, and Asia for over two decades, Access Bank has grown to become one of Africa’s leading financial institutions, with over $28 billion in total assets. The bank’s strategic focus on trade finance and cross-border partnerships has positioned it as a global player, facilitating investments into Africa’s emerging markets.

Gateway to the world

Access Holdings’ expansion strategy aligns with its vision of becoming “Africa’s Gateway to the World.” The group aims to reach 125 million customers by 2027 while continuing to provide financial products that enable international trade and economic growth.

Access Bank’s leadership stressed the importance of adopting similar programs to enhance international trade relations and reaffirmed its commitment to developing financial solutions that support businesses and drive Africa’s economic progress.

Steinmeier’s visit further solidifies Access Bank’s role as a bridge between Africa and the global economy, paving the way for deeper collaboration and innovation in trade partnerships.

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