Sigma Golf Riverbank Consortium Acquires Keystone Bank - Business - Nairaland
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| Sigma Golf Riverbank Consortium Acquires Keystone Bank by wontiboje: 11:30am On Mar 21, 2017 |
The Asset Management Company of Nigeria said it has sold Keystone Bank to Sigma Golf – Riverbank consortium. Keystone Bank is the last bank acquired by AMCON in 2008 after BankPHB was saved from collapse. AMCON bought all the bad loans of the bank which gave it the power of ownership over the bank. Sigma Golf – Riverbank consortium is a Sigma Golf Nigeria Limited and Riverbank Investment Resources Limited. AMCON confirmed the transaction yesterday saying: “This follows the receipt of the necessary regulatory approvals from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC). Read more https://pageone.ng/2017/03/21/sigma-golf-riverbank-keystone-bank/ |
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