Kiin360 Blog Business Access Bank Commits to Meeting CBN Forbearance Conditions by June 30, Pledges Continued Dividend Payments
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Access Bank Commits to Meeting CBN Forbearance Conditions by June 30, Pledges Continued Dividend Payments

Lagos, June 18, 2025 – Access Bank Plc has officially reaffirmed its commitment to fully comply with the Central Bank of Nigeria’s (CBN) forbearance conditions before the regulatory deadline of June 30, 2025, while also assuring shareholders of ongoing dividend payments.

This announcement was made during a recent shareholders’ meeting where the bank’s management detailed the strides made towards strengthening its capital base and enhancing operational resilience amid evolving market dynamics. The forbearance conditions, set by the CBN, are aimed at ensuring banks improve liquidity, asset quality, and overall financial soundness to support long-term stability in Nigeria’s banking sector.

Access Bank’s leadership emphasized that meeting these regulatory conditions is critical to maintaining investor confidence and ensuring sustainable business growth. The bank has implemented robust risk management frameworks and strategic plans focused on improving asset quality by reducing non-performing loans, diversifying revenue streams, and boosting operational efficiency.

Speaking at the meeting, the Managing Director highlighted ongoing efforts to streamline internal processes and expand digital banking services, which are expected to drive future profitability. He further underscored the importance of corporate governance and transparency in reinforcing trust with investors, regulators, and customers alike.

On dividend payments, the bank assured shareholders that it remains committed to rewarding investors in line with corporate governance best practices. Despite the challenges facing the banking sector, Access Bank maintains a healthy cash flow position enabling it to sustain dividends, thereby providing consistent value to shareholders.

This proactive approach comes at a time when the CBN has intensified supervision and enforcement of prudential guidelines across the industry to enhance financial system stability. Access Bank’s assurance of compliance and shareholder returns is seen as a positive signal amid broader efforts to restore confidence in Nigeria’s banking sector.

As the June 30 deadline approaches, market analysts will closely monitor Access Bank’s progress in meeting the forbearance conditions and its ability to maintain dividend distributions, which are key indicators of the bank’s financial health and commitment to stakeholders.

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