Home / FINANCE / Access Bank Plc acquires Diamond Bank!

Access Bank Plc acquires Diamond Bank!

Information reaching us from a reliable source revealed that Access Bank Plc has finally acquired Diamond Bank Plc.

It was gathered that the official announcement of the transaction will be made in the course of the week by the Central Bank of Nigeria, CBN, according to online news medium,TheCable

The acquisition was midwifed by the CBN in a bid to further consolidate the banking industry, sources informed.

Last week, Diamond Bank announced its decision to drop its international operating licence to focus on national operations following capitalisation issues.

Uzoma Dozie, the bank’s Chief Executive Officer, confirmed the development in a statement released on Friday.

Dozie had said: “With this approval, the bank will cease to operate as an international bank. “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.”

About Dotun Roy

DotunRoy.com is a development driven news website with the overall goal of amplifying, promoting and advocating for positive societal change through Sustainable Development advocacy in line with UN SDGs components such as education, environmental sustainability and Climate Change, Human Rights, health, finance, housing, good governance as well as security in Nigeria and across the world.


Strict Standards: Only variables should be assigned by reference in /home/dotunroy/public_html/wp-content/themes/jarida/comments.php on line 21
  1. I like this web blog very much, Its a rattling nice billet to read and obtain info . “Oregano is the spice of life.” by Henry J. Tillman.

  2. Miglior Sito Per Acquisto Cialis Find Acticin Cheap In Usa With Next Day Delivery generic cialis overnight delivery Canadian Pharmacy Meds Online Zithromax For Babies Propecia Cost Online

  3. The article posted was very informative and useful. You people are doing a great job. Keep going.

  4. I visited multiple web sites however the audio quality
    for audio songs current at this web page is really superb.

  5. [url=http://redcasinoonline.com/]online casino npeyh[/url] free vegas slots hyper casinos mgm online casino

  6. Buy 36 Hour Cialis Online 382 Ebay Levitra 10 Mg Prednisone Without A Script Viagra Necesita Receta Medica

  7. I’m extremely inspired along with your writing skills and also with the layout to your weblog.
    Is that this a paid theme or did you modify it your self?
    Either way stay up the excellent quality writing,
    it’s rare to look a nice weblog like this one nowadays..

  8. After looking over a few of the blog posts on your web site, I seriously
    like your technique of writing a blog. I added it
    to my bookmark site list and will be checking
    back in the near future. Take a look at my web site too and tell me what you think.

  9. Thanks for every other informative blog. The place else could I get that
    kind of info written in such a perfect means? I’ve a project that I am simply now running on, and I have
    been on the glance out for such info.

  10. I was recommended this web site by my cousin. I am no longer
    positive whether or not this put up is written via him as nobody else
    know such targeted approximately my difficulty. You are wonderful!

  11. Hi would you mind sharing which blog platform you’re using?

    I’m planning to start my own blog in the near future
    but I’m having a difficult time selecting between BlogEngine/Wordpress/B2evolution and Drupal.

    The reason I ask is because your design seems different then most
    blogs and I’m looking for something unique. P.S Apologies for getting off-topic but I had to

  12. Asking questions are in fact good thing if you are not understanding anything fully, however
    this article provides pleasant understanding even.

  13. Does your blog have a contact page? I’m having
    problems locating it but, I’d like to send you an e-mail.
    I’ve got some suggestions for your blog you might be interested in hearing.

    Either way, great website and I look forward to seeing it develop
    over time.

  14. Can I Purchase Overnight Generic Progesterone Medicine Free Shipping Effetto Viagra Sulle Donne Viagra Alternative Apotheke viagra Antibiotics

  15. Comprar Cialis En Farmacia Online Viagra Lichtschalter Kaufen Vad Ar Propecia Commande Levitra Pills 365 Cialis Y La Comida Cheap Viagra Pills Free Shipping

  16. Generique Levitra Moins Cher Numeros De Propecia Priligy Que Es Medicament Levitra Cialis Sources In Canada

  17. Truly no matter if someone doesn’t be aware of after that its up to other viewers that they will assist,
    so here it takes place.

  18. Online Parmact No Prescription Ventajas Del Kamagra Stendra Ed No Physician Approval For Sale Birmingham viagra Ciprofloxacine 250 Mg Posologie Generic Doxycycline

  19. I have read so many posts on the topic of the blogger lovers however
    this piece of writing is really a pleasant article, keep it up.

  20. Cialis Gсђс–сѓв˜nstig Kaufen Provera Dysmenorrhea priligy santo domingo Propecia Effects On Women Interactions Vente De Viagra Au Maroc Amoxicillin Dosage For Tooth

  21. Buy Misporstol 200 Pills cialis online Tipos De Propecia Vente Kamagra Zithromax Side Affects

  22. Fever While On Amoxil where to buy cialis online safely Prezzo Cialis Italia Keflex What Is

  23. Price On Cialis 5mg No Prescription Viargra On Line In Ont. viagra Order Antabuse Disulfiram Online On Line Macrobid

  24. Cialis Moins Cher Paris cialis from canada Nolvadex Vente Clomipramine Tablets Online Vendita Propecia Online

  25. There’s definately a great deal to know about this issue.
    I like all of the points you have made.

Leave a Reply

Your email address will not be published.