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Nairaland Forum / Nairaland / General / Business / Access Bank Acquires Diamond Bank (64945 Views)
Access Bank Acquires Grobank, South African Bank / Access Bank Acquires Zambia's Cavmont Bank / Woman Loses N572,000 Pension In Her Diamond Bank Account To Fraudsters In Lagos (2) (3) (4)
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Access Bank Acquires Diamond Bank by ebusnwaoma: 9:29pm On Dec 16, 2018 |
Access Bank has acquired Diamond Bank as confirmed by Cableng, who alleged that the official announcement of the transaction will be made in the course of the week by the Central Bank of Nigeria (CBN). This is coming after Diamond Bank announced its decision to drop its international operating licence, to focus on national operations following capitalisation issues. Sources alleged that the acquisition was midwifed by the CBN in a bid to further consolidate the banking industry. Uzoma Dozie, Diamond bank’s chief executive officer, who confirmed the development in a statement released on Friday, said; “With this approval, the bank will cease to operate as an international bank,” Dozie had said. “The re-licensing as a national bank supports Diamond Bank’s objective of streamlining its operations to focus resources on the significant opportunities in the Nigerian retail banking market, and the economy as a whole. “The move follows Diamond Bank’s decision to sell its international operations, which included the disposal of its West African Subsidiary in 2017 and Diamond Bank UK, the sale of which is currently in its final stages. “The change to national bank status also enables the bank to maintain a lower minimum capital requirement of 10 per cent, as against 15 per cent required for international banks.” Reports of Access Bank acquiring Diamond Bank is coming, after Diamond bank recorded its worst month on record in November with share plunging to 0.61k per unit on November 30, 2018. https://lailasnews.com/access-bank-acquires-diamond-bank/ lalasticlala 12 Likes 6 Shares
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Re: Access Bank Acquires Diamond Bank by Nobody: 9:31pm On Dec 16, 2018 |
If you don't have a source to this story, na rumour be this. 29 Likes 2 Shares |
Re: Access Bank Acquires Diamond Bank by kestolove95(m): 9:31pm On Dec 16, 2018 |
Dey now have access to d bank 140 Likes 6 Shares |
Re: Access Bank Acquires Diamond Bank by Flocky: 9:38pm On Dec 16, 2018 |
Lol Could this be true. 1 Like |
Re: Access Bank Acquires Diamond Bank by Flocky: 9:38pm On Dec 16, 2018 |
Lol Could this be true? 1 Like |
Re: Access Bank Acquires Diamond Bank by bravehost4u(m): 9:40pm On Dec 16, 2018 |
2 Likes 1 Share |
Re: Access Bank Acquires Diamond Bank by Moreoffaith(m): 10:35pm On Dec 16, 2018 |
No be who get money dey save am for bank. Me wey be say I no get pass 700 both home and abroad wan dey open bank account. 90 Likes 2 Shares |
Re: Access Bank Acquires Diamond Bank by bluefilm: 10:35pm On Dec 16, 2018 |
Eyaaa |
Re: Access Bank Acquires Diamond Bank by dokunbam(m): 10:35pm On Dec 16, 2018 |
About time I have wanted to change to access I cant make international payments with their visa card 3 Likes 1 Share |
Re: Access Bank Acquires Diamond Bank by Akosbaba(m): 10:35pm On Dec 16, 2018 |
Wawu |
Re: Access Bank Acquires Diamond Bank by neezar: 10:35pm On Dec 16, 2018 |
Choi Hope they won't retrench their staffs sha Diamond bank female staffs fine sha Main reason i opened an account with them 62 Likes 3 Shares |
Re: Access Bank Acquires Diamond Bank by surrogatesng: 10:36pm On Dec 16, 2018 |
Good |
Re: Access Bank Acquires Diamond Bank by talk2hb1(m): 10:36pm On Dec 16, 2018 |
Noted |
Re: Access Bank Acquires Diamond Bank by JoseVanMoyes: 10:36pm On Dec 16, 2018 |
Access Bank Ooooo, Diamond Bank Ooooo... I no do... Team first bank & Zenith Bank 61 Likes 3 Shares |
Re: Access Bank Acquires Diamond Bank by anyaikenga: 10:36pm On Dec 16, 2018 |
This Emeka Dozie of a boy has destroyed his fathers legacy, partying and clubbing midair. doing 5some. 147 Likes 6 Shares |
Re: Access Bank Acquires Diamond Bank by IwILLnOTdIE: 10:36pm On Dec 16, 2018 |
. 1 Like 2 Shares |
Re: Access Bank Acquires Diamond Bank by Zaikon(m): 10:36pm On Dec 16, 2018 |
Change loading 4 Likes |
Re: Access Bank Acquires Diamond Bank by elyte89: 10:36pm On Dec 16, 2018 |
Some set of ppu will loose deir jobs now |
Re: Access Bank Acquires Diamond Bank by Brizzy404: 10:36pm On Dec 16, 2018 |
Na wao... And dem bin dey do job recruitment... |
Re: Access Bank Acquires Diamond Bank by osemoses1234(m): 10:37pm On Dec 16, 2018 |
Diamond bank don cast buhari make everything hard never again 10 Likes |
Re: Access Bank Acquires Diamond Bank by mybestlove(m): 10:37pm On Dec 16, 2018 |
Not bad at all. It's a nice move 1 Like |
Re: Access Bank Acquires Diamond Bank by Jonadull: 10:37pm On Dec 16, 2018 |
My condolences to diamond bank shareholders 28 Likes 1 Share
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Re: Access Bank Acquires Diamond Bank by creatorsverse(m): 10:37pm On Dec 16, 2018 |
Lord have mercy on the staff of diamond bank 17 Likes 2 Shares |
Re: Access Bank Acquires Diamond Bank by johnjay4u2u(m): 10:38pm On Dec 16, 2018 |
rumours.
Awaiting the true news 1 Like |
Re: Access Bank Acquires Diamond Bank by 900warriorz: 10:38pm On Dec 16, 2018 |
access just be getting fat....they're just acquiring banks like a4 paper 39 Likes 1 Share |
Re: Access Bank Acquires Diamond Bank by Nobody: 10:38pm On Dec 16, 2018 |
hmmm i dey ok with GT and Zenith considering firstbank for larger savings 21 Likes |
Re: Access Bank Acquires Diamond Bank by Moreoffaith(m): 10:38pm On Dec 16, 2018 |
My piggy bank name no fit change. 2 Likes |
Re: Access Bank Acquires Diamond Bank by oluwasegun007(m): 10:38pm On Dec 16, 2018 |
Realllyyyy.... Na fish dey swallow fish 7 Likes |
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