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Diamond bank says no acquisition talk with Access Bank

by Armada News
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Diamond Bank Plc has denied there were discussions going on between the bank and Access Bank on acquisition.

Reports said that Access Bank is planning to buy over Diamond Bank believed by many to be ailing.

But the bank said on Monday there is nothing of such.

In a statement by Ezechinyere Anyanwu, Diamond Bank’s Media Relations Officer, the report was a rumour.

She said the bank was not into any discussions with any ” financial institution at the moment on any form of merger or acquisition.”

Diamond Bank has of late been facing challenges since three of her non executive board members and the chairman of the board resigned.

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