Diamond Bank

Diamond Bank Plc.
Company typeFormerly Public limited company
NSE: DIAMONDBNK
IndustryFinance
Founded20 December 1990[1]
FounderPascal Dozie
Defunct1 April 2019 Edit this on Wikidata
FateMerged with Access Bank Plc., 1 April 2019
Headquarters,
Nigeria[2]
Area served
Nigeria
United Kingdom
Key people
Uzoma Dozie (CEO)
ServicesBanking
Financial services
RevenueIncrease:Pretax: 28 billion (US$175 million) (FY:2012)[3]
Total assets1.7 trillion (US$7.3 billion) (December 2012)
Websitediamondbank.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]

  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.