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ACCESS BANK AND DIAMOND BANK MERGER
@myaccessbank has concluded its quarterly draw for DiamondXtra customers. The season 11 edition saw a total of N51m won through cash prizes, salary-for-life, education grant, and rent for one year.
The Group Managing Director of @wemabank, Ademola Adebise, has disclosed that the lender doesn't need Merger or Acquisition to achieve its long term target of the N1 trillion capital base.
The Securities and Exchange Commission (@SECNigeria) has been urged to nullify the merger between Access Bank (@myaccessbank) and Diamond Bank which took effect in March 2019 after the legal completion of the merger.
Following Access bank's merger with Diamond bank, the bank has notified the NSE and its shareholders of its AGM scheduled to hold on the 25th of April 2019.
The former CEO of Access Bank, Aigboje AIG-Imoukhuede, weighed in to allay fears that the differences in the operational systems of Access Bank and Diamond Bank may trigger challenges following the merger