Access Bank Cut Fraud Loss to N1.69bn in 2024

Access Bank lost N1.69 billion to fraud and forgery incidents last year, down from N6.15 billion in 2023.

The lender’s earnings report shows that 11,410 incidents involving N3.5 billion were successful, compared to 6,634 cases involving N8.61 billion in the previous year.

A total of 1,846 failed attempts involving N149.3 million were recorded, down from 6,405 cases involving N1.69 billion in 2023.

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