DMO lauds Access bank for emerging outstanding PDMM

Access Bank reports N459.08bn gross earnings in 2017
United Bank for Africa

The Debt Management Office (DMO) has commended Access Bank Plc for emerging the most outstanding Primary Dealer Market Makers (PDMM) during the first half of 2016.

The debt office, in a statement notes that the rating is in terms of fulfillment of the performance assessment criteria for primary and secondary markets which was stipulated in the General Rules and Regulations Governing the PDMM system in Federal Government of Nigeria Securities.

DMO also commended the Bank outstanding contribution to the continued growth and development of the FGN Bond Market especially, under a difficult operating economic environment.

Commenting on the commendation letter from DMO, Access Bank Group Treasurer, Oladapo Olagunju stated “Our bond dealers are widely respected by participants in the market and this recognition by DMO is a confirmation of the leadership position that the Bank commands in the financial markets.

In his words: “This is the first time that DMO will be publicly commending a bank and we feel highly honoured to be the first recipient of this accolade.  We believe this is a testament to the bank’s continued push towards becoming the World’s Most Respected African Bank.”

Access Bank Plc. is a full service commercial Bank operating through a network of 353 branches and service outlets located in major centers across the country, Sub Saharan Africa, and the United Kingdom with representative offices in China and the UAE.