kestolove95:
Dey now have d access to d bank

To the diamonds.

JoseVanMoyes:
Access Bank Ooooo, Diamond Bank Ooooo...

I no do...

Team first bank & Zenith Bank

you really have good banking taste dear.

Dwizeone:


Ok o, neither the board nor the ceo made the announcement, I’m sure you are fully aware of the in-house power tussle between the ceo and board members,nevertheless - we may hear a confirmation or a denial tomorrow. I’m more concerned about shareholders, you know how it works.

The shareholders of Skye bank didn’t die

dfrost:


The positive I see here is buying their shares now at 0.61k.

It's worth taking the risk.

Too much

Chai, but hope they won't drop their staffs? meanwhile which bank is better for savings?

kennygee:
If you don't have a source to this story, na rumour be this.

it is true,it has been in the media for weeks.

Oluwadare:
you really have good banking taste dear.

Although I don't use them Access is one of the strongest new generation Banks in Nigeria but are very coded,wigwe and his predecessor bad dudes.

Mynd44

Take down this information.

This information is wrong .

Do you know the meaning of acquire?

anyaikenga:
This Emeka Dozie of a boy has destroyed his fathers legacy, partying and clubbing midair. doing 5some.

Did he also engage in 5some?

I heard the guy was also fućking married women in the bank

Dwizeone:
Who pushed this news, do you know the magnitude of this news, nothing of such has happened and please anything that has to do with finance is very sensitive, whoever the mod is should know better.

It has happened o. Will hit the papers tomorrow morning.

Moreoffaith:
No be who get money dey save am for bank.

Me wey be say I no get pass 700 both home and abroad wan dey open bank account.

But if I wan put money for your account nko

pocohantas:


I just do not like Zenith, they are a leading Tier 1, but I consider their renumeration and staff welfare very poor. So, pardon me if I don't mention them, the beef is personal

Zenith has poor staff welfare very true

mynairaland2018:

It has happened o. Will hit the papers tomorrow morning.

Nothing has happened.

All that happened was that the dozie family shares used for margin lending has been transferred to access bank due to a margin call.

900warriorz:
access just be getting fat....they're just acquiring banks like a4 paper

Abi ooooo first it was intercontinental bank now diamond

helium2:
Mynd44

Take down this information.

This information is wrong .

Do you know the meaning of acquire?

But that's desire and prayer of Dozie

helium2:
Mynd44

Take down this information.

This information is wrong .

Do you know the meaning of acquire?

Instead to lecture and enlighten, you are there always asking jamb

debbleopto:


But that's desire and prayer of Dozie

Anyways you can not acquire a publicaly traded company just like that..

debbleopto:


Instead to lecture and enlighten, you are there always asking jamb

Blogs just want to fuel sensationalism.

You cannot acquire a publicaly traded company like that.

You need a court ordered meeting first of all sef.

Kaskoskus

ntyce:


Remove first bank, it is also in a precarious situation....

are you serious?

Okoyeebos:


It's already in Vanguard.

You'll cry blood tomorrow morning when Sahara reporters and Co carry it.

Will you take your ignorance far away from here.

Access bank simply became one of the very many shareholders of Diamond Bank.

adewumiopeyemi:
I wonder what will happen to there staff. Chai and one of my friend just got job with them as call center agent I hope they go lay them off sha.. diamond bank why why..

So u are praying for ur friend sly to loose his job . I will show him this ur malicious comment tomorrow at work

Enemyofpeace:
My money o, my money, my money, my money, my money

Your money is safe.

anyaikenga:
This Emeka Dozie of a boy has destroyed his fathers legacy, partying and clubbing midair. doing 5some.

He gave out bad loans

I withdrew everything this evening, there would not run with my money

Frightening news, hope nothing happens to Baes Job, na die be that

Just imagining the level of retrenchment.
Coming to join this over-saturated labor market.
God, Abeg let your will be done ooo

ebusnwaoma:
Access Bank has acquired Diamond Bank as confirmed by Cableng, who alleged that the official announcement of the transaction will be made in the course of the week by the Central Bank of Nigeria (CBN).

This is coming after Diamond Bank announced its decision to drop its international operating licence, to focus on national operations following capitalisation issues. Sources alleged that the acquisition was midwifed by the CBN in a bid to further consolidate the banking industry. 

Uzoma Dozie, Diamond bank’s chief executive officer, who confirmed the development in a statement released on Friday, said; 

“With this approval, the bank will cease to operate as an international bank,” Dozie had said.

“The re-licensing as a national bank supports Diamond Bank’s objective of streamlining its operations to focus resources on the significant opportunities in the Nigerian retail banking market, and the economy as a whole.

“The move follows Diamond Bank’s decision to sell its international operations, which included the disposal of its West African Subsidiary in 2017 and Diamond Bank UK, the sale of which is currently in its final stages.

“The change to national bank status also enables the bank to maintain a lower minimum capital requirement of 10 per cent, as against 15 per cent required for international banks.”

Reports of Access Bank acquiring Diamond Bank is coming, after Diamond bank recorded its worst month on record in November with share plunging to 0.61k per unit on November 30, 2018.

https://lailasnews.com/access-bank-acquires-diamond-bank/

lalasticlala

After they stole Ada's money it's only normal that karma visited them back

Awoo88:
This news is dubious. According to the report, diamond bank will still be diamond but can not do international transaction with out help

That was how they handled Intercontinental bank