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Access Bank Plc has earned a spot as the largest bank in Nigeria by total assets in the first half of 2022, according to BusinessDay.

The tier-one banks surveyed recorded an aggregate total asset value of N13.199trillion in the first half 2022. Their collective liabilities amounted to N67.15 trillion from N42.66 trillion recorded in the same period of 2022.

Access Bank’s total assets stood at N20.85 trillion at the end of June, representing a 30 percent share of the total assets of the tier-one banks surveyed.
Other tier-one banks surveyed include Zenith Bank Plc, United Bank for Africa Plc (UBA), Guaranty Trust Holding Company Plc (GTCO), and First Bank of Nigeria Holding Company Plc.

Guaranty Trust Bank Plc recorded a total assets of N5.686 trillion in the period under review.

Access Bank

Access Bank’s total assets rose to N20.48 trillion in the first half of 2022 up 55.2 percent from N13.2 trillion recorded in the same period of 2022.

The bank’s total liabilities amounted to N19.12 trillion in the period under review from N12.13 trillion recorded in 2022.

Access Bank’s total equity stood at N1.73 trillion in the first half of 2022 from N1.07 trillion in 2022.