EXPLAINER: 10 things to know about Access Bank, Diamond Bank merger

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Beginning 2011 and effectively in 2012, Access Bank took over the defunct Intercontinental Bank Plc.

 

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Details emerge of Access Bank, Diamond Bank merger, to create Africa’s largest retail bank - Daily Post NigeriaLagos, Nigeria, 19 December 2018 – The Boards of Access Bank Plc (“Access Bank”) and Diamond Bank Plc (“Diamond Bank”) today announce that they have receiv
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Merger: Free ATM services for Diamond Bank, Access Bank customers - Premium Times NigeriaIt implies that customers can presume that the banks are one, even as their merger negotiations still remain ongoing. Good development The bank opens the way for a free ATM sevice that is -1000 from every customer
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Amidst merger talks with Access Bank, Diamond Bank appoints new board chairman - Premium Times NigeriaThe board of directors of Diamond Bank has announced the appointment of Dele Babade as the acting chairman of the board.
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Access Bank shareholders to discuss acquisition of Diamond Bank - Premium Times NigeriaThe management of Access and Diamond banks officially announced their proposed merger on December 17. Am not understanding, get me my 👓 Nkechi This is not a good news at all considering the potential job losses the deal could bring about, although it could be that it might have saved a worst situation
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‘Access Bank Has Enough Financial Capacity To Commensurate Diamond Bank Merger’Access Bank said it has enough financial capacity to commensurate Diamond Bank merger with the bank. Also, the bank said it will be issuing about 6.62 billion shares to Diamond Bank shareholders in bringing them to the new larger entity. In a press briefing in Lagos, the chief executive of Access Bank, Herbert Wigwe said […]
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What customers will benefit from Diamond Bank, Access Bank merger - Daily Post NigeriaJust weeks left before the biggest merger Nigeria has ever witnessed finally takes effect, the management of Diamond Bank Plc has assured its customers tha As a customer of diamond bank PLC if I transfer money to customer from access bank the 52 inter bank charges will I still be debited? Nothing.. Absolutely nothing! Same old story
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Access Bank, Diamond Bank MDs list merger benefits - Daily Post NigeriaAccess Bank Plc on Friday said it would be well positioned to attract more opportunities from international partners with its Diamond Bank merger. Mr Herbe
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Mixed reactions trail Diamond Bank merger with Access Bank – Daily TrustDiamond Bank Plc shareholders on Monday expressed mixed reactions to its merger with Access Bank Plc. Daily Trust reports that board of Diamond Bank finally confirmed its acquisition with Access Bank Plc which is expected to be completed in first half of 2019.ADVERTISEMENT Both banks recently denied media reports of any business merger or combination. …
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