Access Holdings Maintains Growth Trajectory Across Banking and Non-Banking Segments in H1

Access Holdings maintained growth momentum across its banking and non-banking subsidiaries in the Half Year (H1) period that ended June 2025.

Banking group subsidiaries contributed 65% to the Banking group’s profit before tax (PBT) in H1 2025.

This highlights Access Holdings journey towards sustainable performance and execution across its key African and international markets.

The non-banking subsidiaries also maintained a strong growth momentum for the period.

For Access – ARM Pensions, financial performance was robust, with revenue up 29.9% to ₦21.0 billion and profit before tax up 65.1% to ₦13.1 billion.

The business delivered a solid return on average equity (ROAE) of 48.1%, a cost-to-income ratio of 35.1%, and a profit before tax (PBT) margin of 62.1%, underscoring strong operational efficiency and profitability.

Hydrogen Payments recorded a 40.5% growth in top-line revenue compared to H1, 2024. Profit before tax (PBT) grew by 273% year-on-year. The total transaction value processed increased by 211%, reaching ₦41.1 trillion in H1 2025, up from ₦13.8 trillion in H1 2024.

Access Insurance Brokers also sustained strong momentum, recording a 125% year-on-year increase in gross written premium, 146% growth in revenue, and a 161% improvement in profit before tax (PBT).

Oxygen X, Access Holdings digital lending arm, has sustained strong momentum since launch in Q3 2024, delivering ₦5.4 billion in revenue and ₦2.2 billion in profit before tax in H1 2025.

“Our businesses are well-positioned to deepen market penetration, expand product offerings, and leverage cross-sell opportunities across the Group to drive continued growth and profitability,” Access Holdings said.

Overall asset quality metrics also remained healthy as Non-Performing Loans (NPLs) stood at 2.7% in H1, 2025.

Access Holdings Plc is a leading multinational financial services group headquartered in Lagos, Nigeria, serving over 60 million customers across 20 countries and three continents through 700+ branches and outlets. Established in 2022 as a holding company, the Group spans banking, pensions, payments, digital lending, and insurance brokerage.

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