Report

Access | The bold and not so dutiful

Access Bank reported a decline in FY '17 EPS of 13% yoy. The decision to classify its exposure to 9Mobile contributed to the poor performance. Access Bank takes a bold approach when engaging with the market but has disappointed in the past. Delivering on the bold guidance and rewarding shareholders appropriately is now Access Bank's duty. We discuss the group's FY '17 performance and the outlook in the following note.
Underlying
Access Bank

Provider
Avior Capital Markets
Avior Capital Markets

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