Access Bank gets Sh1bn capital from parent firm

Access Bank along City Hallway, Nairobi on July 12, 2023. 

Photo credit: Lucy Wanjiru | Nation Media Group

Access Bank (Kenya) Plc has received a capital injection of Sh1 billion ($7.5 million) from its parent firm Access Holdings Plc.

The funding is expected to supplement the unit’s capital needs and improve the bank’s shareholder funds and capital ratios.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.