Diamond bank writes NSE on equity divestment

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The management of Diamond bank PLC wish to notify the Nigeria Stock Exchange and the investing public that the bank is in final stages of divesting its 97 equity stake in Diamond Bank S.A

The statement signed by the Company Secretary, Uzoma Uja and made available to the public on Thursday.

It stated that the proposed divestment is part of the Bank’s plan to align its business operations to a long-term goal of capitalizing in Nigeria market.

According to the statement the bank has a foundation for growth in Nigeria with over 15 million customers. Many of whom are owing bank accounts for the first time.

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