Daimound bank form 2025

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A persistent breach of governance rules, particularly manifested in avoidable exposure to the oil sector, leading to huge Non-Performing Loans (NPLs), and board disharmony, resulting in wrong decisions, brought Diamond Bank to its knees.
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.
Access and Diamond have complementary operations and similar values, and a merger with Diamond, with its leadership in digital and mobile-led retail banking, could accelerate our strategy as a significant corporate and retail bank in Nigeria and a Pan-African financial services champion.
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.
List of banks with USSD short code. Bank NameBank CodeNIP Bank Code Sterling bank 232 000001 Diamond bank 063 000005 Zenith bank 057 000015 Union bank 032 00001814 more rows Jan 9, 2023
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People also ask

DIAMOND Current Account is ideal for Elite Businessmen, Top Professionals, Large Traders etc. operating across the country handling bulk cash transactions and processing Large number of payments collection transactions. It provides most of the services free or at very low transaction cost.
Following the completion of the merger, Diamond Bank would be absorbed into Access Bank and will cease to exist under Nigerian law.
The name Diamond Bank is based on the word Diamond, which can be understood in two ways: As a variation of the Latin aura meaning breeze an emanation or subtle quality produced by a person or object; a distinctive air that surrounds or seems to surround them;

diamond bank information update form