Speaking to newsmen on the benefits of the business combination, Chief Executive Officer, Access Bank, Herbert Wigwe, explained that the merger will form a leading Tier-1 Nigerian bank and the largest bank in Africa by number of customers, spanning three continents, 12 countries and 29 million clients.
Who sold Diamond Bank?
Diamond Bank was acquired by Access Bank in December 2018, and announced to complete the transactions of the merger fully in the first half of 2019.
What is the new name for Diamond Bank?
In early 2019, Diamond Bank was fully merged with Access Bank to build a new entity, which led to their change of name ‘Access Bank (Diamond)’. Most of their customers call them AccessDiamond Bank.