Intercontinental Bank

Founded in 1989, Intercontinental Bank Plc grew to become one of Nigeria's largest and most prominent financial institutions, offering a wide range of commercial, retail, and corporate banking services. Following a 2009 banking crisis in Nigeria, the bank was deemed undercapitalized by the Central Bank of Nigeria (CBN). Despite a government bailout, it was unable to secure the necessary capital for independent operation and was subsequently acquired by Access Bank Plc in a deal finalized in 2011-2012. All of its assets, liabilities, and operations were then merged into Access Bank, and the Intercontinental Bank brand was retired.