2010 Access Bank Annual Report and Accounts
2010 Access Bank Annual Report and Accounts
2010 Access Bank Annual Report and Accounts
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<strong>Annual</strong> <strong>Report</strong><br />
Introduction & Business Chairman & Chief Operating Our People Corporate Social<br />
Contents Overview Executive’s Review Review & Culture Responsibility<br />
<strong>Access</strong> <strong>Bank</strong> Plc’s business model is structured<br />
along five major strategic business segments,<br />
which include institutional banking, commercial<br />
banking, investment banking retail banking <strong>and</strong><br />
transaction services.<br />
%<br />
Growth<br />
+12%<br />
+662%<br />
Contribution to Total Profit<br />
Institutional <strong>Bank</strong>ing:<br />
(N4.15bn)<br />
Commercial <strong>Bank</strong>ing:<br />
N10.3bn<br />
%<br />
Growth<br />
+202%<br />
+1116%<br />
Contribution to Total Profit<br />
Investment <strong>Bank</strong>ing:<br />
N8.02bn<br />
Retail <strong>Bank</strong>ing:<br />
N1.98bn<br />
Institutional <strong>Bank</strong>ing<br />
Commercial <strong>Bank</strong>ing<br />
Financial Markets<br />
Retail <strong>Bank</strong>ing<br />
28%<br />
Contribution to Total Assets<br />
The objective of the Financial Markets Division is<br />
to provide innovative finance solutions to meet<br />
the short, medium <strong>and</strong> long-term financing<br />
needs of our clients.<br />
• Our treasury group is at the forefront of<br />
fixed income <strong>and</strong> foreign exchange trading<br />
in Nigeria, while our global financial markets<br />
group continues to build core competence in<br />
structured finance <strong>and</strong> advisory transactions.<br />
• During the period under review, we were<br />
consistently voted the most professional<br />
foreign exchange trading bank in Nigeria,<br />
<strong>and</strong> our treasury team the most professional<br />
money market dealers in a monthly poll<br />
conducted by the Money Market Association<br />
of Nigeria.<br />
Products offered<br />
Treasury & Asset Management<br />
Financial Advisory Services<br />
Permanent/Long & Medium<br />
Term Finance<br />
PROJECTS<br />
PERFORMANCE HIGHLIGHTS<br />
<strong>Access</strong> <strong>Bank</strong> Plc<br />
<strong>Annual</strong> <strong>Report</strong> <strong>and</strong> <strong>Accounts</strong> <strong>2010</strong>