Diamond bank debunks Access Bank acquisition rumors – Diamond bank plc has denied a media report that says Access bank is in talks with them on a possible acquisition.

Financial Watch obtained a memo from Diamond Bank were it Reacted to the report, describing it as false.

“The attention of Diamond Bank Plc (“the Bank”) has been drawn to the rumor in the media stating that the Bank is purportedly in discussions with Access Bank Plc to acquire the Bank”.

“We wish to state categorically that the Bank is not in discussions with any financial institution at the moment on any form of merger or acquisition”.

“We trust that the above clarifies the position of the Bank with regards to the rumor on the various media platforms”.

https://www.financialwatchngr.com/2018/11/12/diamond-bank-debunks-access-bank-acquisition-rumors/

Cc
naijacutee
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puskin
dominique

It's good they cleared the air.

Banks know what it will cost them if any such news is real. I strongly believe Diamond bank is doing well.