Access Bank Plc and Diamond Bank Plc Announce Successful Merger and Acquisition
The successful merger of Access Bank Plc and Diamond Bank Plc underscores the commitment of both institutions to driving growth, innovation, and financial inclusion in Nigeria and across Africa.
- (1888PressRelease) June 15, 2024 - Lagos, Nigeria - Access Bank Plc and Diamond Bank Plc are pleased to announce the successful completion of their merger and acquisition, effective today. This strategic consolidation marks a significant milestone in the Nigerian banking industry, positioning the newly unified entity as a formidable force in the financial sector.
Access Bank Plc, a leading multinational commercial bank headquartered in Nigeria and owned by Access Bank Group, has expanded its capabilities through this merger. Originally focused on corporate banking, Access Bank broadened its services to include personal and business banking in 2012. The initial merger between Access Bank and Diamond Bank took place on April 1, 2019, culminating in the unveiling of a new logo that symbolized the creation of an enlarged banking institution.
Roosevelt Ogbonna, CEO of Access Bank Plc, commented on the merger: "This merger represents a significant step forward for our institution and the entire banking sector in Nigeria. By combining the strengths of Access Bank and Diamond Bank, we are well-positioned to deliver enhanced value to our customers, shareholders, and employees. Our commitment to providing excellent banking services remains unwavering, and we are excited about the future opportunities this merger brings."
The successful merger of Access Bank Plc and Diamond Bank Plc underscores the commitment of both institutions to driving growth, innovation, and financial inclusion in Nigeria and across Africa.
ABOUT THE COMPANY:
Access Bank Plc is a Nigerian multinational commercial bank owned by Access Bank Group. Licensed by the Central Bank of Nigeria, Access Bank has evolved from a corporate bank into a comprehensive financial institution offering personal, business, and corporate banking services. The bank's merger with Diamond Bank has solidified its position as the largest bank in Africa by customer base and the largest in Nigeria by assets.
CONTACT INFORMATION:
Media Enquiries: https://www.twitter.com/myaccessbank
Email: tnp ( @ ) tnp dot com dot ng
CEO: Roosevelt Ogbonna FCA
Phone numbers: +234 2 01 271 9945, +234 02 01 279 3617, +234 2 01 270 3647
Website: http://www.accessbankplc.com
Address: 50 Raymond Njoku Street, Ikoyi, Lagos, Nigeria.
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