Access And Diamond Bank Merger. -The merger will potentially create Nigeria and Africas largest retail bank by customers. See which lenders law firms accounting firms and banks helped make an MA deal happen.
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Premium Times reports that a statement by Uzoma Uja the banks secretarylegal adviser said the transaction will be completed by the first half of 2019. Regular businesses that could benefit from the Access-Diamond merger. Shareholders endorse Access and Diamond Bank merger to create Nigerias largest bank by asset.
The merger if it pulls through is expected to create the largest bank in Nigeria by assets size a position Zenith Bank Plc with an asset base of N5595 trillion as at December 31 2017 occupies at present and which it is not.
Mr Herbert Wigwe Access Bank Chief Executive Officer told the shareholders at the EGM that the merger with Diamond Bank enables Access Bank to acquire a bank with 17 million retail customers and. Regular businesses that could benefit from the Access-Diamond merger. Mr Herbert Wigwe Access Bank Chief Executive Officer told the shareholders at the EGM that the merger with Diamond Bank enables Access Bank to acquire a bank with 17 million retail customers and. The planned merger of Access Bank Plc and Diamond Bank which took stakeholders by surprise last week may trigger a fresh competition among money deposit banks in the country.
