Access Bank, Diamond Bank shareholders approve merger - Premium Times Nigeria

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Access Bank, Diamond Bank shareholders approve merger

Shareholders of Access Bank Plc and Diamond Bank Plc on Tuesday unanimously approved the merger of both financial institutions aimed at creating a formidable force.

He said the bank, after the merger, would attract more opportunities such as trade finance from international partners. He said the bank would be a continental force with presence in 12 countries, 3,100 ATMS and nearly 32, 000 Point of Sale. “The enlarged Access Bank will serve 27 million retail customers, almost double the number customers of any other bank in Nigeria and more than any other bank in Africa, “Mr Wigwe said.

“Quite a lot of commendable things have been put in place and we hope court will have no other reason not to agree on the merger,” Mr Adeleke said.

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