Access Bank Plc has launched its new brand identity with 400 branches after a successful merger between the bank and Diamond Bank.
A statement from Access Bank disclosed that the merger will create a Nigerian banking powerhouse and a pan African financial services champion.
“Access Bank today is the largest retail bank in Africa by the customer base. One bank with 27,000 staff across 592 branches, spanning three continents, 12 countries and with 29 million customers,” it explained.
Providing insight into the new brand identity, the bank disclosed that the new visual identity fuses together the best of Access Bank and Diamond Bank.
According to it, “It builds on the layers of meaning that were built into two iconic brands. Diamond Bank’s was youthful, vibrant and human.
The merger created a Pan-African financial services champion. Access Bank today is the largest retail bank in Africa by customer base. One bank with 28,000 employees across more than 600 branches, spanning three continents, 12 countries and with 29 million customers. #accessmore pic.twitter.com/J79peMETr9— Access Bank Plc (@myaccessbank) April 1, 2019
“Access Bank’s was trusted, global and fast. Bringing them together to capture the strength created through the merger meant drawing from the essence of each logo but refreshing them to create a sense of energy and forward momentum.
“The diamond shape is fused into the three chevrons, which radiate in all directions to create layers around a core.”
It stated that the use of the diamond colour palette was further emphasised with the dominance of green in its retail application, ensuring continuity for retail customers, while the dominant orange in the corporate application provides the same sense of familiarity to Access Bank’s customers.
It stated further: “To accompany the new logo, there is a new brand promise: access. more than banking. This is more than a tag line. It is a philosophy.
Group Managing Director/Chief Executive Officer, Access Bank, Mr Herbert Wigwe, had said: “Together, we would have 27 million customers, which is the largest customer base of any bank on the continent. We would have 33,000 points of sale (PoS) terminals, 3,300 automated teller machines (ATMs) and all of that.
“Access Bank has grown over time and has built a very strong wholesale banking capability. We have also shown significant expertise as far as the treasury is concerned, risk management as well as our capital management plan.
“We created and pushed a very strong value chain strategy which was our own way of building our retail business.
“This was because we realised that the creation of a large diversified bank is critical, not just for Nigeria, but in Africa and the world. If you go to any part of the world, what you tend to see is that the top three or top five banks technically control market share.”
Speaking further, Wigwe said the combination of Access Bank and Diamond Bank would ensure that “we are able to take and solve customers’ issues right from the wholesale end, down to the man in the village, just because of the use of technology.”