Diamond bank news and access bank

Here are some recent news and updates from Diamond Bank and Access Bank:

Diamond Bank

  1. Merger with Access Bank: Diamond Bank and Access Bank announced a merger agreement in August 2018, which was completed in April 2019. The merged entity is now known as Access Bank Plc.
  2. Restructuring: In 2018, Diamond Bank underwent a major restructuring exercise, which included the appointment of a new management team and the implementation of cost-cutting measures.
  3. Digital Banking: Diamond Bank launched a digital banking platform in 2018, which allows customers to perform transactions and access their accounts online.
  4. Partnership with Visa: Diamond Bank partnered with Visa in 2018 to launch a new payment card, which allows customers to make transactions online and offline.

Access Bank

  1. Merger with Diamond Bank: Access Bank merged with Diamond Bank in April 2019, creating one of the largest banks in Nigeria.
  2. Digital Banking: Access Bank launched a digital banking platform in 2019, which allows customers to perform transactions and access their accounts online.
  3. Partnership with Google: Access Bank partnered with Google in 2019 to launch a new digital banking platform, which allows customers to access their accounts and perform transactions using Google Pay.
  4. Expansion into New Markets: Access Bank has been expanding its operations into new markets, including Ghana, Kenya, and Zambia.

Recent News

  1. Access Bank Wins Awards: Access Bank won several awards in 2020, including the "Best Bank in Nigeria" award at the 2020 African Banker Awards.
  2. Diamond Bank's Former CEO Arrested: Diamond Bank's former CEO, Uzoma Dozie, was arrested in 2020 in connection with a fraud case involving the bank.
  3. Access Bank's Profit Rises: Access Bank's profit rose by 20% in 2020, driven by growth in its digital banking business and expansion into new markets.

I hope this information is helpful!