Firstorderwizard:
If you read that write up kindly summarize.
Some of us attended night school

Bazinga:
For those wondering what is truly going on between diamond Bank and Access bank, here is a more detailed explanation of the whole story from the CEO

Sirheny007:
God bless us with wise sons who would manage our investments well.
Each time I remember Paschal Dozie,
I remember Late Chief Ferdinand Anaghara, (Iyi I of Urualla)

Bazinga:
For those wondering what is truly going on between diamond Bank and Access bank, here is a more detailed explanation of the whole story from the CEO

kjhova:


Is it just me or does anyone else agree that the English grammar and vocabulary in the letter put out by Diamond Bank is appalling??

Jesus! Did their brand team vet this letter or did Uzo just put it out on his own

ednut1:
Diamond staff in branches near access bank the end is near

Xander85:


Go back and study what mergers actually means! You think Access Bank would want to merge with Diamond if the later was distressed? This merger could possibly birth the largest commercial bank in Nigeria!

Any excuse to go tribal....that's all you're looking for innit?

arrestdarrester:


Bros cool down and follow the trajectory of Diamond. First you close your UK operations. The narrative was cost-cutting. Next, you sold your West African operations. The narrative was focus. With nothing left to sell you sold your birthright. And the narrative? Merger.

Well, just in case you insist on it being a merger, I agree with you. After all we both agree 'apple' is a kind of computer.

Sirheny007:
God bless us with wise sons who would manage our investments well.
Each time I remember Paschal Dozie,
I remember Late Chief Ferdinand Anaghara, (Iyi I of Urualla)

Shookonekilla:
This is an outright acquisition not a merger

Sir Pascal spoilt his son and the stupid cretin ran the bank down

How the story has ended

Xander85:


I'm already cool, so no need telling me to cool down!

None of us are privy to the details of the merger, so all we're doing is speculating!

Could it be that Diamond Bank is actually distressed? Possibly! But it could also be nothing more than a merger between the two banks to create Nigerias' largest commercial bank! The issue i had with some on this thread was how they zeroed in on just one possibility and began abusing the MD of Diamond Bank, with some even targeting his ethnicity!

If Access Bank was acquiring Diamond as a distressed bank, they're under no obligation to lie about it! After all, Spring Bank was recently bought by another bank and the facts that it was a distressed bank were laid bare for all!

Diamond Bank closing its foreign UK and African operations could actually be part of deal for the merger to go ahead. After all, why maintain these foreign operations when the bigger bank they're merging with already has bigger and possibly more advanced operations in the UK and West Africa?

Modarun:
stupid idiat. Your Father worked all his life tovhand you a Bank and you run it aground. Even when the Bank was in red, the idiotic slowpoke rufed to resign so that those who can save the bank would take over.
This is a lesson for those whovkept saying Dangote got 500,000 loan. this disgrace of a son Uzoma was handed an entire empire and he ran it to the ground. Its not enough to make money, pray God gives you children that will take after you and expand your legacy.
What a disgrace to IBOs this Uzoma Dozie is.

tizzle:
Call it merger or whatever you will... Access bank is buying over diamond bank... That's all we know

Computergloba:

king1234:
do your research and you will know he did not manage the bank properly. it fel under his watch...the bank is actually distressed...google is your friend

PapaNnamdi:
I have both access and diamond Bank accounts, what will happen to my money Biko,

eh , my bet account,

to think I opened a diamond account to run away from access bank excessive charges, kuku kee me , Nigeria,. just kee me

Chukazu:
This mumu keep saying "mager"...

Such a disgraceful spoilt chicken

kjhova:


Is it just me or does anyone else agree that the English grammar and vocabulary in the letter put out by Diamond Bank is appalling??

Jesus! Did their brand team vet this letter or did Uzo just put it out on his own

Boss13:
His statement seems like he had been promised a job in Access Bank

Xander85:


I'm already cool, so no need telling me to cool down!

None of us are privy to the details of the merger, so all we're doing is speculating!

Could it be that Diamond Bank is actually distressed? Possibly! But it could also be nothing more than a merger between the two banks to create Nigerias' largest commercial bank! The issue i had with some on this thread was how they zeroed in on just one possibility and began abusing the MD of Diamond Bank, with some even targeting his ethnicity!

If Access Bank was acquiring Diamond as a distressed bank, they're under no obligation to lie about it! After all, Spring Bank was recently bought by another bank and the facts that it was a distressed bank were laid bare for all!

Diamond Bank closing its foreign UK and African operations could actually be part of deal for the merger to go ahead. After all, why maintain these foreign operations when the bigger bank they're merging with already has bigger and possibly more advanced operations in the UK and West Africa?