Access Bank Introduces Mandarin-Based Online Trade Platform for Chinese Enterprises
Access Bank has launched a Mandarin-language online banking platform tailored to meet the financial needs of Chinese businesses and expatriates in Nigeria. The new feature is now available on the AccessMore App, enhancing accessibility for its Chinese-speaking users.
This innovation was unveiled during the 2025 Economic Outlook: Insights and Perspectives event in Lagos. The initiative underscores Access Bank’s commitment to digital inclusive finance and strengthens trade ties between Nigeria and China.
Promoting Cross-Border Trade and Financial Inclusion
China’s Consul General in Lagos, Yan Yuqing, lauded the platform as a transformative solution addressing linguistic and cultural barriers in financial services. “This initiative not only ensures convenient, safe, and efficient banking for Chinese enterprises and individuals but also serves as a vital link for economic and trade exchanges between China and Nigeria,” she stated.
The introduction of the Mandarin feature coincides with a period of robust bilateral trade between the two nations. Between January and October 2024, trade volume reached $17.12 billion, with Nigerian exports to China contributing $2.42 billion—an impressive 34.5% year-on-year growth. Yuqing highlighted the platform’s potential to promote Nigerian agricultural and mineral exports to China further.
Driving Trade and Investment Growth
“Financial services are essential to trade development,” Yuqing emphasized. “This platform deepens cooperation, supports Chinese investments in Nigeria, and aids in the country’s modernization journey.” She also highlighted China’s role in global trade, contributing approximately 30% to the world economy and driving advancements in green manufacturing, including new energy vehicles and solar technologies.
Access Bank’s Commitment to Innovation
Bolaji Agbede, Acting Managing Director and Group CEO of Access Bank, described the launch as part of the bank’s mission to serve the specific needs of its diverse clientele. “The Mandarin feature on our AccessMore App bridges the gap between Nigeria’s market and the Chinese community. This reflects our dedication to creating solutions that address your unique needs,” Agbede said.
Access Bank’s relationship with the Chinese community began in 2013 with the establishment of its Chinese Desk, a specialized unit catering to Chinese businesses. “Your success is important to us, and we remain committed to equipping you with tools to thrive in a dynamic global economy,” Agbede added.
The bank’s global reach, spanning Hong Kong, Dubai, and the UK, positions it as a key player in facilitating seamless cross-border transactions.
China’s Economic Momentum
The dialogue also touched on China’s economic resilience, with a 4.8% GDP growth in 2024 fueled by domestic demand, real estate market stabilization, and enterprise support measures. These achievements have reinforced China’s reputation as a top investment destination and a leader in global trade, with partnerships extending to over 160 countries.
Key Takeaways
- Access Bank’s Mandarin feature supports financial inclusion for Chinese users in Nigeria.
- The platform aims to strengthen Nigeria-China trade, valued at $17.12 billion in 2024.
- Access Bank reinforces its global presence, addressing unique needs of international clients.