Shareholders endorse Access, Diamond Banks proposed merger - Vanguard News Nigeria

  • 📰 vanguardngrnews
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 75%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Shareholders endorse Access, Diamond Banks proposed merger vanguardngr.com vanguardnews

The shareholders of Access Bank Plc commended the merger while demanding that the Board of Directors should ensure that their value of investment is adequately maximised.

The shareholders who voted in support of the merger pulled 97.89 percent or 14,298,393,943 units of shares, while those against stood at 2.11 percent or 307,122,041 units shares.Some of the shareholders leaders that spoke at the meeting include Mr. Adebayo Adeleke of Independent Shareholders Association of Nigeria , Mrs. Bisi Bakare of the Pragmatic Shareholders Association of Nigeria , and Muktar Muktar of Trusted Shareholders’ Association of Nigeria .

While explaining the benefit of the merger, Group Managing Director/CEO, Access Bank, Herbert Wigwe said: “After the merger, we would attract more opportunities such as trade finance from international partners.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Court-ordered meeting of shareholders ratifies Access-Diamond merger – Daily TrustAs part of its merger process with Diamond Bank Plc, a court ordered meeting of shareholders of Access Bank Plc has approved the merger. The approval was given at the meeting which was held at Federal Palace Hotel in Lagos, yesterday.ADVERTISEMENT The boards of Access and Diamond banks have hitherto approved the general terms of … SLM SLM
Source: Daily Trust - 🏆 13. / 51 Read more »

Access Bank Shareholders Ratify Merger With Diamond BankThe shareholders of Access Bank Plc yesterday ratified its merger with Diamond Bank as the managing director and chief executive of the bank, Herbert Wigwe, assured of continued returns to shareholders. Speaking at the court ordered meeting in Lagos yesterday, Wigwe said while Diamond bank was coming into the union with bad debts, Access Bank […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Access Bank, Diamond Bank shareholders approve merger - Premium Times NigeriaThe merger is expected to produce the largest banking group in Africa based on its number of customers with more than 29 million customers.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Access Bank, Diamond Bank shareholders approve merger - Vanguard News NigeriaShareholders of Access Bank Plc and Diamond Bank Plc on Tuesday unanimously approved the merger of both financial institutions aimed at creating a formidable force.
Source: vanguardngrnews - 🏆 5. / 75 Read more »

Stakeholders reach final decision on Access, Diamond Banks merger - Daily Post NigeriaShareholders of Access Bank Plc and Diamond Bank Plc, on Tuesday, unanimously approved the merger of both financial institutions aimed at creating a formid
Source: DailyPostNGR - 🏆 11. / 59 Read more »