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.
What is another name for Diamond Bank?
This information, which was sent across to clients via email, stated that Diamond Bank Plc has now changed its name to Access Bank Plc (Diamond).
Is Access Bank same as diamond?
Access Bank and Diamond Bank merged on April 1, 2019. … After the merger, with more than 42 million of customers, Access Bank plc became the largest bank in Africa by customer base, and the largest bank in Nigeria by asset.
Who is the current owner of 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 happened between Access Bank and Diamond Bank?
The Access Bank & Diamond Bank Merger. … Based on the agreement reached by the two financial institutions, Access Bank will acquire the entire issued share capital of Diamond Bank and in consideration, Diamond Bank shareholders will receive N3. 13 per share, comprising of N1.
Can Diamond Bank customers use Access Bank mobile App?
Having merged with the erstwhile Diamond bank, the Bank has deemed it fit to combine both bank’s mobile apps to meet the unique needs of existing customers while delivering top-notch mobile banking experience on a world-class platform. … The AccessMore app is available for both iOS and Android users.
How do I find my Diamond Bank Internet ID?
First things first, you as a customer needs your diamond bank online banking/internet banking User ID and account number to get started, User ID was sent to you email address when you opened an account with them.
What is the transfer code for Diamond Bank?
Diamond bank transfer code is *426#. This diamond transfer code is the bank’s mobile banking, where you can complete all transactions via USSD code.
Who is Chijioke Dozie?
Chijioke Dozie is the CEO of online consumer finance platform OneFi and Carbon, the leading Nigerian lending platform app, which after only two years on the market has been downloaded by over 1 million users and recently secured a $5.5mn debt facility from Lendable.
When was Diamond Bank founded?
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.
Does Diamond Bank still exist in Nigeria?
The Board of Access Bank and Diamond Bank announced that they have received a “No Objection” from the CBN to the proposed merger between the banks. … Following the completion of the merger, Diamond Bank would be absorbed into Access Bank and will cease to exist under Nigerian law.
Where is the owner of Diamond Bank from?
Uzoma was born in London, United Kingdom to Pascal Dozie, the founder of Diamond Bank.
Why did Diamond Bank fail?
According to Moody’s, a global advisory services company, Diamond Bank failed because of three factors: bad leadership, ineffective risk management, and Board problems. For the Board, it cited lack of independence and high turnover in the Board. … Diamond Bank had been acquired by Access Bank.