Diamond Bank

Diamond Bank Plc.

Company type	Formerly Public limited company
Traded as	NGX: DIAMONDBNK
Industry	Finance
Founded	20 December 1990 [1]
Founder	Pascal Dozie
Defunct	1 April 2019
Fate	Merged with Access Bank Plc., 1 April 2019
Headquarters	Victoria Island, Lagos, Lagos State , Nigeria [2]
Area served	Nigeria United Kingdom
Key people	Uzoma Dozie (CEO)
Services	Banking Financial services
Revenue	:Pretax: ₦28 billion (US$175 million) (FY:2012) [3]
Total assets	₦1.7 trillion (US$7.3 billion) (December 2012)
Website	diamondbank.com

Diamond Bank Plc., was a Nigerian multinational financial service provider. ^[4] 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. ^[5] On 1 April 2019, Diamond Bank was fully merged with Access Bank to build a new entity while retaining the name of Access Bank with a logo that took the form of Diamond Bank. ^{[6] [7]}

Overview

The bank provided financial services. Its headquarters was located in Lagos, Nigeria. ^[8] As at June 2017, the bank operated 297 branches in Nigeria. ^{[9] [ citation needed ]}

See also

• Banks portal

• List of banks in Nigeria
• List of banks in Africa
• Central Bank of Nigeria
• Economy of Nigeria

References

1. Diamond Bank - About Us - Company Profile Archived 2010-10-27 at the Wayback Machine
2. Google Finance - Diamond Bank
3. Q3:2010 Financial Report
4. "Central Bank of Nigeria:: All Financial Institutions". www.cenbank.org. Retrieved 24 August 2017.
5. Oguamanam, Udoka (17 December 2018). "Statement Regarding Scheme To Merge With Access Bank". Diamond Bank. Retrieved 18 December 2018.
6. Warami, Urowayino (1 April 2019). "Diamond Bank merger: Access Bank launches new brand logo". Vanguard News Nigeria. Retrieved 1 April 2019.
7. "CBN, SEC grant approval in principle to Access, Diamond banks' merger". Punch Newspapers. 15 January 2019. Retrieved 1 April 2019.
8. "Nigeria: 'I'm Leaving Diamond Bank Strong And Fulfilled'". This Day (Lagos). 1 March 2011. Retrieved 24 August 2017.
9. "Diamond Bank". Parkway Projects. Retrieved 30 January 2020.

External links

• Company Profile At Google Finance