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Diamond Bank

From Wikipedia, the free encyclopedia

Diamond Bank Plc.
TypeFormerly Public limited company
NGX: DIAMONDBNK
IndustryFinance
Founded20 December 1990[1]
FounderPascal Dozie
Defunct1 April 2019 Edit this on Wikidata
FateMerged with Access Bank Plc., 1 April 2019
Headquarters
Victoria Island, Lagos, Lagos State
,
Nigeria[2]
Area served
Nigeria
United Kingdom
Key people
Uzoma Dozie (CEO)
ServicesBanking
Financial services
RevenueIncrease:Pretax: ₦28 billion (US$175 million) (FY:2012)[3]
Total assets₦1.7 trillion (US$7.3 billion) (December 2012)
Websitediamondbank.com

Diamond Bank Plc., was a Nigerian multinational financial service provider.[4] Diamond Bank was acquired by Access Bank in December 2018, and announced to complete the transactions of the merger fully in the first half of 2019.[5] On 1 April 2019, Diamond Bank was fully merged with Access Bank to build a new entity while retaining the name of Access Bank with a logo that took the form of Diamond Bank.[6][7]

Overview

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The bank provided financial services. Its headquarters was located in Lagos, Nigeria.[8] As at June 2017, the bank operated 297 branches in Nigeria.[9][citation needed]

See also

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References

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  1. ↑ Diamond Bank - About Us - Company Profile Archived 2010-10-27 at the Wayback Machine
  2. ↑ Google Finance - Diamond Bank
  3. ↑ Q3:2010 Financial Report
  4. ↑ "Central Bank of Nigeria:: All Financial Institutions". www.cenbank.org. Retrieved 24 August 2017.
  5. ↑ Oguamanam, Udoka (17 December 2018). "Statement Regarding Scheme To Merge With Access Bank". Diamond Bank. Retrieved 18 December 2018.
  6. ↑ Warami, Urowayino (1 April 2019). "Diamond Bank merger: Access Bank launches new brand logo". Vanguard. Lagos, Nigeria. Retrieved 1 April 2019.
  7. ↑ "CBN, SEC grant approval in principle to Access, Diamond banks' merger". The Punch. 15 January 2019. Retrieved 1 April 2019.
  8. ↑ "Nigeria: 'I'm Leaving Diamond Bank Strong And Fulfilled'". This Day (Lagos). 1 March 2011. Retrieved 24 August 2017.
  9. ↑ "Diamond Bank". Parkway Projects. Retrieved 30 January 2020.
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