Access Bank Zambia Receives A+ Credit Rating from Premier Rating Services Limited
Lusaka, Zambia, 18th December 2025: Access Bank Zambia Limited has been awarded an A+ Credit Rating by Premier Rating Services Limited (PRS), Zambia’s pioneering credit rating agency, licensed by the Securities and Exchange Commission (SEC). Classified as strong and satisfactory, the rating affirms the Bank’s financial prudence, strong governance structures, and robust capacity to meet its obligations. The rating follows a comprehensive independent assessment conducted between September and October 2025.
PRS provides credit rating services for corporate entities, municipalities and other businesses, debt instruments (such as bonds, securities, and commercial papers), and projects. Additionally, they offer advisory services on investments, mergers and acquisitions, risk management, research, and training.
Speaking during the announcement in Lusaka today, Access Bank Zambia Acting Managing Director, Iheanyi Nwogu said the rating strengthens the Bank’s foundation and expands its opportunities.
“This rating is a clear reflection of our solid financial performance, strong risk culture, and sound governance framework. More importantly, it enhances our credibility in the market and broadens our deposit-gathering capabilities, demonstrating our financial strength and stability, making Access Bank Zambia even more attractive to investors, clients, and other key stakeholders,” Dr. Nwogu said.
PRS Board Chairperson, Chishimba Yumbe, described the rating as a significant achievement for the Bank. He noted that Access Bank's steady growth has been clear for years, and as one of the leading banks in the country, it plays a significant role in supporting the national economy.
And PRS Chief Executive Officer, Dionysius Makunka stated that the rating reflects the Bank’s robust capital adequacy ratios and profitability metrics, its well-diversified and stable earnings base, as well as notable growth in both balance sheet and market share. Additionally, the Bank demonstrates strong geographical diversification, with an extensive network comprising over 60 branches, 9 agencies, 156 ATMs, and more than 8,500 Tenga Express Agents across the country.
“This rating means Access Bank Zambia is a strong institution, firmly placed in the investment grade category. The Bank has demonstrated operational resilience, good corporate governance, and sound financial strength,” Mr. Makunka said.
The recognition by PRS marks a pivotal moment for the Bank, highlighting its commitment to maintaining high standards in operational efficiency and governance. This achievement not only reflects the Bank’s resilience in a dynamic economic landscape but also reinforces its reputation as a trusted partner within the financial sector. As the Bank continues to grow, this rating is expected to further boost stakeholder confidence and support sustainable expansion initiatives in the coming years.
Ends…
Issued by:
Kalumbu Nyikosa-Kearns - Head, Corporate Communications and Brand Management
Email:Kearnsk@accessbankplc.com | Mobile: +260 764 902 469