By Dipo Olowookere One of Nigeria\u2019s largest financial services institutions, Access Bank Plc, has been recognised as \u2018Bank of The Year \u2013 Nigeria 2016\u2019 by The Banker Magazine, a publication of the Financial Times Group. The announcement was made at the 17th annual Bank of the Year awards black-tie dinner held recently in London and attended by senior bankers from around the world. The award celebrates Nigeria\u2019s most inventive bank taking into consideration its comprehensive earnings data, asset and Tier 1 capital growth, and returns on equity. The Banker editorial team also looked for evidence of banks setting new standards for their local industries, whether it was by using new technology or coming up with innovative, cost-efficient ways of expanding their businesses. Group Managing Director\/CEO for Access Bank Plc, Mr Herbert Wigwe, noted that, \u201cWinning this is a recognition of our commitment to delivering banking excellence to our customers. \u201cWe remain focused on the realization of our strategic intent of becoming \u201cMost Respected African\u201d and continue to explore opportunities in markets and sectors across the continent that will enable us achieve this vision.\u201d Speaking at the awards presentation, foremost BBC News journalist, Mr Michael Buerk, commended Access Bank for winning the award noting that it was in recognition of its various development initiatives across its home markets. The Banker is a global financial intelligence magazine that provides global bank ratings and analysis. It is the definitive reference on international banking for global high level decision makers. According to the magazine, the aim of the award ceremony is to highlight industry wide excellence within the global banking community.