The theme of the seminar is: “Nigerian Business Environment in the Year 2020: Implications for Advertising Agencies.”
Browsing: Diamond Bank Plc
Trading in the shares of Diamond Bank Plc has been placed on full suspension following the court sanction of the Scheme of Merger with Access Bank Plc.
Africa’s leading financial institution, Access Bank Plc, continues to demonstrate unwavering commitment to women as it is set to mark the International Women’s Day, 2019 with Diamond Bank Plc, as both banks look forward to the completion of the merger process, which will make the new entity the largest retail bank in Africa.
Diamond Bank Plc has introduced PayDay Loan to ease the financial burden of its customers as part of the benefits from its merger with Access Bank Plc.
Access Bank Plc on Friday said it would be well positioned to attract more opportunities from international partners with its Diamond Bank merger.
Herbert Wigwe, the bank’s the Chief Executive Officer, said this at a news conference by Access Bank Plc and Diamond Bank Plc on details of the proposed merger of the banks in Lagos.
Threatened by the announced merger between Access and Diamond Banks, the Association of Senior Staff of Banks, Insurance and Financial Institutions says it will protect its members’ interest in the merged banks.
Both banks recently denied media reports of any merger.
The Board of Diamond Bank finally confirmed its acquisition by Access Bank Plc, which is expected to be completed in the first half of 2019.
The News Agency of Nigeria reports that the bank exchanged 70.98 million shares worth N72.64 million in 129 deals.
Diamond Bank Plc in collaboration with Facebook and Affrinolly is set to project Nigeria’s young entrepreneurs to the digital world.
The bank’s Chief Executive Officer, Uzoma Dozie, said this in a statement signed by the bank’s Head of media, Ezechinyere Anyanwu on Friday in Abuja.
Diamond Bank Plc and Access Bank Plc have notified the Nigerian Stock Exchange and the general public that both banks are not in any merger or acquisition talks as being circulated in some media.
Uzoma Dozie, the bank’s Chief Executive Officer, said that the finalists were rewarded with three million each after six months of entrepreneurship training at Pan Atlantic University, Lagos.
According to findings by LEADERSHIP, the above financial institutions in six years under consideration have reported an estimated N2.6 trillion profit before tax as a result of Assets Management Corporation of Nigeria acquisition of their non-performing loans and prudent management of customers’ deposit
The 14 banks in this report, controlling over 90 per cent of the Nigerian financial market, recorded N368.3 billion impairment losses for the Q3’17, representing an increase of 8.0 per cent from N341.1 billion in corresponding third quarter,Q3’16
For the nine months business period, the Bank’s gross earnings jumped by 11 per cent year-on-year to N168.4 billion, while profit before tax surged by 71 per cent to N6.7 billion.
With these newly created millionaires, the Bank has fulfilled the promise made by the management to make one customer a millionaire every working day in the month of August.
L-R: Ukapi Ibe, the Area Manager, Diamond Bank Plc; Marcel Nweze, Diamondxtra Season 9 Winner; Bright Ugbekile, Account Officer; and…
The interim report and accounts for the Bank’s operations for the first six months of the business year obtained by our correspondent, show significant growth in all key financial parameters as profit before tax surged year-on-year by 2.8 per cent to N10.8 billion.