BREAKING NEWS: DIAMOND BANK DON PAFUKA OOO!

Tory don bust oo as say Access Bank don tok say na dem go dey control Diamond Bank now oo. Na Cableng bring dis mata komot and CBN, the oga patapata for all bank dem go soon announce am soon ooo.

One of Diamond Bank Chairmoo, Uzoma Dozie sef tok say na true true d mata be for one statement wey im release on Friday.

“With this approval, the bank will cease to operate as an international bank,” Dozie had said. “The re-licensing as a national bank supports Diamond Bank’s objective of streamlining its operations to focus resources on the significant opportunities in the Nigerian retail banking market, and the economy as a whole.

“The move follows Diamond Bank’s decision to sell its international operations, which included the disposal of its West African Subsidiary in 2017 and Diamond Bank UK, the sale of which is currently in its final stages.

“The change to national bank status also enables the bank to maintain a lower minimum capital requirement of 10 per cent, as against 15 per cent required for international banks.”

We still hear say Diamond Diamond Bank enter one kain yawa for month of November with share plunging to 0.61k per unit on November 30, 2018. wey make Access Bank claim am.