Access Bank has been honoured as the “Best Trade Partner Bank West Africa 2024” by the International Finance Corporation (IFC). The award was presented at the Global Trade Partners Meeting (GTPM) held recently in Barcelona, Spain.
This prestigious recognition highlights Access Bank’s exceptional performance and dedication to advancing African trade finance.
The GTPM, organized by IFC, is a significant event in the global trade finance industry, known for its extensive reach and client base in emerging markets. The 2024 event marked the 20th anniversary of IFC’s Global Trade Finance Programme, attracting many delegates and featuring prominent speakers and panellists who provided valuable insights into the global trade landscape.
Seyi Kumapayi, Executive Director of African Subsidiaries at Access Bank, stated, “We are honoured to receive this award from IFC, which is a testament to our relentless efforts in leveraging our extensive network across Africa to scale trade opportunities between the continent and the rest of the world. Access Bank remains committed to facilitating trade that drives economic growth and prosperity for our stakeholders and the regions we serve.”
Representing Access Bank at the GTPM were Sunmbo Olatunji, Group Head of Treasury; Tosin Olatunji, Group Head of Corporate Operations; Seun Olufeko, Group Head of Project and Structured Finance in the Corporate and Investment Banking Division (CIBD); Oluchukwu Kalu, Team Member of PSF in CIBD; and Rowly Isioro, Head of Trade and Global Transaction Banking (Africa). Isioro also participated in a panel discussion titled: “IFC: 20 Years in Trade, Partnerships and Perspectives.”
During the panel, Isioro emphasized the importance of building resilient trade finance systems in emerging markets and discussed the evolution of the Global Trade Finance Programme. He highlighted how IFC has adapted to include guarantees for letters of credit and other trade instruments like promissory notes and green trade or climate-friendly transactions.
“Africa is ripe for partnerships that can drive substantial economic growth,” Isioro said.
This award underscores Access Bank’s pivotal role in fostering trade and economic development across West Africa and beyond.
