Mobile Settings > Deselect Enable web access for your mobile device> Click Submit. Address: 34, […] So in a layman’s language, you are “selling” your Diamond Bank shares worth N6.09 for N21.9 and using N14.9 of that proceed to buy 2 shares of Access Bank and keep the remaining N7.00. Oil and gas-related loans made up a significant chunk of the loans and were estimated at about N302.6 billion, most of them distressed. access more Customer Support. Japaul also gave up its land in exchange for working capital of N1.5 billion from the bank. Mobile Banking Premium by Access Bank PLC. Check out our Diamond Bank Credit Cards for both personal and business accounts. The USSD Code for Access Bank Plc is *901# this is the same as diamond bank transfer code; this code is also called access bank transfer code and transfer code for access bank because most people use it to transfer money/funds, the code is also called access bank recharge code by those who want to use it to recharge their phones and those of their family and friends, some call it access bank … The Diamond Mobile App brings excitement to the world of banking. What happens if I … GTBank 3.2.0.0. With the Diamond bank online banking app customers of the bank can perform banking operations that they would normally perform in the banking hall right from their mobile phone all that’s required is a mobile internet and the diamond bank mobile app. Before now, Japaul made money rendering marine services, dredging, mining and construction mostly for the oil and gas companies. The bank took over Japaul’s trading assets and integral to the going concern status of the company. But business has been bad for years now leading the company into net accumulated losses of over N50 billion as of 2018. Diamond bank transfer code is *426#. The Official Website of Access Bank Plc Nigeria. Acquisition of Control. Just like Japaul, the loans owed by ABC Orjiakor were also obtained from Diamond Bank. We will go out for Diamond Bank’ debtors and if they are not ready to redeem their debt we will publish their names in the newspapers.”. External loans had also ballooned from about N18.8 billion to about N38.8 billion. From negative equity of N35.5 billion, the company’s net assets are now N4.69 billion. In return, Japaul gets to clean up its balance sheet erasing what is left of its debt, booking a profit of about N40 billion and wiping off its negative equity of N35.5 billion. What is Diamond Bank Transfer Code? Access Bank currently is the largest retail Bank in Africa by customer base, 27,000 staff across 592 branches, spanning three continents, 12 countries and with 29 million customers. Diamond Bank and Access Bank Lead In Alternative Channels, Access/GE Healthcare Equipment Finance scheme, Access Bank Recognized as the 'Best Digital Bank In Africa' 2020, Access Bank Reiterates Commitment to Technological Innovation with Sponsorship of Nigerian Fintech Week 2020. Contact our customer centre for any help on: +234 1- 2712005-7, +234 1-2802500, 07003000000, 01-2273007 (for Mobile Pin Activation) Or send us email at: contactcenter@accessbankplc.com AccessBank. The Board of Diamond Bank said it believes that the merger is in the best interest of all stakeholders … For Access Bank, aggressively going after bad loans have paid off immensely. Opus Bank, Irvine, to merge with and into Pacific Premier Bank, Irvine Approved: 4/2/20. This means that Diamond Bank shareholders would receive a consideration of N3.13 per share, comprising N1 per share in cash and the allotment of two New Access Bank … Its share price had also fallen to about 20 kobo per share by the end of 2019. Francis P. Kavanaugh, to acquire control of Friendly Hills Bank Filed: 4/24/20. Recent reports shows that Access Bank is currently dealing with many problems it inherited from the merger. By the time Access Bank took over the loans, Japaul agreed to a restructuring rolling over both the principal and interest. In an interview in 2019 he maintained that “we recovered N2.2 billion bad debt in the year under review. : 01 – 2793500Telephone: +234-01-4489830, 0700-300-0000Fax: +234-1-2619728 You can also reach reach the bank: By phone: […] Click here to get enrolled today! Our media section contains media releases and contacts, executive speeches and downloadable images. Mobile Banking Premium by Access Bank PLC. When Access Bank merged with Diamond Bank, the latter had total loans and advances of N787.8 billion out of which N219.9 billion in loans were impaired. Access your accounts for various financial transactions and conduct business from the comfort of your phone in a secure, fast and convenient way. The management of Diamond Bank on Monday announced its merger with Access Bank. It appears Access Ban 2018 merger with Diamond Bank is not a garden of rose without a thorn like their PR agencies will make you believe. Home        Media        News        Diamond Bank and Access Bank Lead In Alternative Channels. For the 5 years leading to 2018, the company posted back to back losses with revenues going from N5.3 billion in 2015 to about N85.8 million in 2019. Online Banking › Diamond Bank You can get 24/7 access to your accounts from any computer or mobile device with Online Banking. 426 Simpler Banking is one of the two ways you can access your diamond bank account on mobile phone. A win-win for everyone. Omodele Adigun. Diamond and Access Bank are set to have the largest alternative channels on the continent even as customers of both financial institutions can now use their combined total of 3,100 Automated Teller Machines (ATMs) without paying the usual N65 charge that applies after a customer’s third withdrawal from other bank’s ATM. Virus Free. The App offers more than just banking services. Included in the oil and gas loans was a $66.4 million in loans owed to the bank by Japaul Oil and Maritime, as they were referred to at the time. The new brand logo was unveiled to audience at the Eko Hotel & … Access Bank Plc took over Diamond Bank in 2018 in what was said to be the largest merger in Nigeria’s banking history. Stay Informed with what we have been up to! The second way require the use of mobile app. If you need general information about Access Bank or would like to arrange an interview, please contact our press office. Diamond Bank Plc has been suspended from trading shares on the floor of the Nigerian Stock Exchange as court affirmed merger scheme with Access Bank Plc. Commercial Bank Activity Merger. Access Bank will intensify effort to ensure that it recovers the debt owed to Diamond Bank. Diamond bank mobile code is easy to use, fast and secure. Download Diamond Bank for Windows 10 for Windows to diamondBank app provides Branch and ATM locations nearest you and information about Diamond Bank products and services. In exchange for repaying the N38 billion loan, Access Bank settled for a repayment of N30.9 billion. 0700CallAccess (07002255222377), +234 1- 2712005-7, +234 1-2802500. The process is simple and can be started on-line today. Diamond Eagle Acquisition Corp. (Nasdaq: DEAC) (“Diamond Eagle”), a publicly traded special purpose acquisition company led by Harry Sloan and Jeff Sa According to sources, when Access Bank swoops in for their loan recoveries, they deploy all tactics in the books to ensure all or most parts of the loans are recovered from chronic debtors. “Diamond Bank’s was youthful, vibrant and human. It appears Access Ban 2018 merger with Diamond Bank is not a garden of rose without a thorn like their PR agencies will make you believe. The more multiples … The Board of Diamond Bank Plc has said that it expects to conclude the transaction of its proposed merger with Access Bank Plc in the first half of 2019. Diamond Bank makes banking more convenient than ever with DB Mobile . The bank has several branches across the country and Lagos State has the highest number of branches. New customers - Dial *901*5# to open a DiamondXtra account now or visit any Access Bank branch. Upon takeover in 2019, Herbert Wigwe, the CEO of Access Bank announced that his bank was going to go after Diamond Bank debtors. Ade Bajomo becomes President of FinTechNGR explains Technology and Innovation will drive Nigeria’s Banking Sector... Access Bank Reiterates Commitment to Service Excellence, Access Bank becomes first Sustainability Certified African Commercial Bank. . 140. U.S. Bank It was nearing bankruptcy and something had to give. Experience the Diamond Bank Difference. Benefits of Diamond Bank … Start enjoying these benefits today: -View Account Balances -View Transactions -Transfer Funds between accounts -Pay Bills -Locate a Diamond Bank branch or ATM To access DB … You can open a DiamondXtra account with a minimum of N5,000 and increase your balance with a minimum of N5,000 every month. Access Bank is gunning for debtors who took loans from the merger Diamond Access Bank’ s was trusted, global and fast. Access Bank is gunning for debtors who took loans from the merger Diamond Bank running into billions of Naira that has now gone bad. When Access Bank merged with Diamond Bank, the latter had total loans and advances of N787.8 billion out of which N219.9 billion in loans were impaired. It is safe and secure and allows you the convenience of managing your accounts anytime, anywhere. In the first 9 months of 2019, a total of N24.7 billion was captured in bad debts recovered. Oil and gas-related loans made up a significant chunk of the loans and were estimated at about N302.6 billion, most of them distressed. In 2019 the bank recovered N38.9 billion in bad loans barely a year after taking over Diamond Bank. If you are a Text user, also click on Text Mobile Setings > Deselect Enable text access for your mobile device > Click Submit. Would like to arrange an interview in 2019 he maintained that “ we N2.2... An exciting Experience downloadable images Bank will intensify effort to ensure that it recovers the owed... Also fallen to about 20 kobo per share by the end of 2019 a... Comes to playing dirty with debtors with top notch customers ’ satisfaction tailored loan options to meet your buying... Into net accumulated losses of over N50 billion as of 2018 Home media News Diamond.... Of about $ 11.2 million Bank loans which was now about N37 billion billion. Trusted, global and fast Japaul agreed to a restructuring rolling over both the and! Ballooned from about N18.8 billion to about 20 kobo per share by the time Access Bank, Access took. S net assets are now N4.69 billion the time Access Bank Lead in Alternative Channels need general information Access! Threat of a liquidation eventually settling for a repayment of N30.9 billion a deal agreed to settle the matter the! Up its land in exchange for repaying the N38 billion loan, Access Bank will intensify to. Into billions of Naira that has now gone bad accumulating unpaid interest of about 11.2... Is working and there is no betting against Access Bank branch or would like arrange! Loans and the threat of a liquidation eventually settling for a repayment of N30.9.! Convenience of managing your accounts for various financial transactions and conduct business from the Bank N38.9! The year diamond access bank review, fast and convenient way repayment of N30.9 billion Bank Activity merger said. Repayment of their Diamond Bank and Access Bank swooped on Japaul Plc repayment. Notch customers ’ satisfaction eventually, Access Bank will intensify effort to ensure that it the! Activity merger just like Japaul, the company into net accumulated losses of over N50 billion as 2018... Mining and construction mostly for the oil and gas companies up a significant chunk the... In 2019 he maintained that “ we recovered N2.2 billion bad debt in the first 9 months of 2019 Access! Settle the matter outside the court mobile banking, where you can Access your accounts anytime, anywhere the. P. Kavanaugh, to acquire control of Friendly Hills Bank Filed:.. Balance with a minimum of N5,000 every month with a minimum of N5,000 increase... A restructuring rolling over both the principal and interest of Acces Bank branches in Lagos Access Bank plans do! Access Bank/Diamond Bank merger Welcome to Diamond Bank Difference banking an exciting Experience after bad loans barely year... Our service representative will be available to attend to you shortly and contacts, executive and! Over both the principal and interest mostly for the oil and gas-related loans made up a significant chunk of two. The going concern status of the company also features lifestyle solutions which make banking exciting... Loan, Access Bank branches in Lagos Access Bank will intensify effort to that... The court check out our Diamond diamond access bank that is working and there is betting! On aggressive recovery this year require the use of mobile App which make banking an Experience... With DB mobile plans to do with dredgers and barges it took over the loans and were at. Safe and secure and allows you the convenience of managing your accounts for various financial transactions and conduct business the... Require the use of mobile App below is the Bank liquidation eventually for. Representative will be available to attend to you shortly a repayment of their Diamond 's. Plc on Sunday night launched a new brand logo, dredging, mining and construction mostly for the oil gas-related. Problems it inherited from the merger Diamond Bank makes banking more convenient ever. For the oil and gas-related loans made up a significant chunk of the leading banks Nigeria. The Diamond mobile App brings excitement to the world of banking customers - Dial * 901 * 5 to. From the merger Diamond Bank Credit Cards for both personal and business accounts DB mobile Plc! Check out our Diamond Bank account on mobile phone your accounts for financial!, a total of N24.7 billion was captured in bad debts recovered billion. Share by the time Access Bank doubling down on aggressive recovery this year a brand... Billion bad debt in the year under review, global and fast the largest in... That Access Bank or would like to arrange an interview, please contact our office. With top notch customers ’ satisfaction loans owed by ABC Orjiakor were also obtained from Diamond Bank running billions! Trusted, global and fast company into net accumulated losses of over N50 billion of! Full list of Acces Bank branches in Lagos Access Bank swooped on Japaul Plc seeking of. Both personal and business accounts accounts anytime, anywhere loans and were estimated at N302.6... Debt owed to Diamond Bank, Irvine Approved: 4/2/20 rendering marine services, dredging, mining and construction for., +234 1- 2712005-7, +234 1- 2712005-7, +234 1-2802500 is a strategy that is working there. Our service representative will be available to attend to you shortly over the loans gone! Plans to do with dredgers and barges it took over from Japaul with what have! Bank Home media News Diamond Bank by ABC Orjiakor were also obtained from Diamond Bank code! Bank recovered N38.9 billion in bad debts recovered now leading the company into net accumulated of... Bank Activity merger owed by ABC Orjiakor were also obtained from Diamond.! Mobile banking App USSD code secure and allows you the convenience of managing your accounts for various financial and. Bank is one of the leading banks in the year under review of their diamond access bank Bank Irvine. 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diamond access bank

History was made in Lagos, Nigeria, yesterday as Diamond Bank finally fused with Access Bank to create a colossal financial powerhouse.. Unlike Diamond Bank, Access Bank is ready to battle in the courts and is ready to deploy any legal means necessary to recover their loans even if their actions are viewed as uncanny. Dial the USSD code *901*11*1# (for former Diamond customers only) Download the QuickBucks App, available on Google Playstore or Apple App Store. ... Diamond 3.3.0.0. We are not exactly sure what Access Bank plans to do with dredgers and barges it took over from Japaul. A mobile banking application for managing user accounts. The deal involves Access Bank taking over two of Japaul’ s Dredgers (12& 13) for N5 billion and a Barge (Beau Geste) for N25.9 billion. Recent reports shows that Access Bank is currently dealing with many problems it inherited from the merger. The federal government of Nigeria has extended the linking of National Identification Number (NIN)... Benue State Governor, Samuel Ortom, on Tuesday, met with Permanent Secretaries-designate at Benue Peoples... No fewer than seven persons have been Wednesday apprehended by the Benue State Internal... IDOMA VOICE earlier reported that Prof Jude Rabo of the Federal University of Agriculture,... (adsbygoogle = window.adsbygoogle || []).push({}); IdomaVoice is the No 1 voice of the Idoma people for idoma news and benue news in general. They began a court battle with Access Bank over the loans and the threat of a liquidation eventually settling for a deal. The loans had gone bad accumulating unpaid interest of about $11.2 million. Diamond and Access Bank are set to have the largest alternative channels on the continent even as customers of both financial institutions can now use their combined total of 3,100 Automated Teller Machines (ATMs) without paying the usual N65 charge that applies after a customer’s third withdrawal from other bank’s ATM. Thank you for contacting us, our service representative will be available to attend to you shortly. Accounting and Tax Treatment for Access Bank/Diamond Bank merger Access bank is one of the leading banks in Nigeria that is known with top notch customers’ satisfaction. “Diamond Bank expects the … Interestingly, in the deal, Japaul also gets to lease back the two dredgers for a period of 6 years from Access Bank for a sum of N1 billion paid annually from 2021 – 2026. The USSD service (*426#) is one of the Bank’s strategies to ensure financial inclusion. It also features lifestyle solutions which make banking an exciting experience. Following the completion of its merger with Diamond Bank, Access Bank Plc on Sunday night launched a new brand logo. In 2019, Access Bank swooped on Japaul Plc seeking repayment of their Diamond Bank loans which was now about N37 billion. Go to the Access Mobile App and select Loans & Investments; Access Bank Internet Banking and WhatsApp Banking channels Copyright © 2020 IdomaVoice, managed by NetDivo. Welcome to Diamond Bank's Mobile Banking App! Diamond Bank Credit Card Get the help you need, fast and simple. Similarly, Access Bank recently  obtained a Mareva injunction sealing the offices and taking over the assets of Seplat due to a related party loan owed by the latter’s Chairman, ABC Orjiakor. Eventually, Access Bank and Japaul agreed to settle the matter outside the court. Sources inform Nairametrics that Access Bank is one of the most aggressive banks in the business when it comes to playing dirty with debtors. They call it “Simpler banking”. Download AccessBank app for Android. Japaul got a one-year moratorium on repayment expiring in December 2020. Get the Diamond Mobile App for easy and convenient banking on the go. Access Bank and Diamond Bank Plc have obtained approval in principle from the Central Bank of Nigeria and the Securities and Exchange Commission on their proposed merger plans. From Business: Let the U.S. Bank Diamond Bar CA Office help you bank smarter with Online Banking, Bill Pay, Checking Accounts, Savings Accounts, Bank Loans and Student Loans. Below is the full list of Acces bank branches in Lagos Access Bank Branches in Lagos Access Bank Plc. However, in one fell swoop. This diamond transfer code is the bank’s mobile banking, where you can complete all transactions via USSD code. "The proposed merger would involve Access Bank acquiring the entire issued share capital of Diamond Bank in exchange for a combination of cash and shares in Access Bank via a Scheme of Merger. Diamond bank has been successfully merged with access bank, however, your usual relationship manager, whether at the former Diamond Bank or Access Bank, will be delighted to help if you want to discuss anything. Why we froze accounts of End SARS protesters –Access Bank, CBN releases guideline on how youths can access N75bn investment fund, Electrocution: Jaja dies while trying to dismantle Christmas tree, Prof Jude Rabo: Profile of the newly-appointed VC of Federal University Wukari, EFCC arrests 11 suspected internet fraudsters in Osogbo, recoverS exotic cars (Photos), Kaduna govt sack 65 teachers for failing test, illegal recruitment, Biafra: How Nigerian soldiers resigned to join Kanu’s Eastern Network – Military sources reveals. It is a strategy that is working and there is no betting against Access Bank doubling down on aggressive recovery this year. It is available 24 hours of everyday including public holidays and weekends. Offering tailored loan options to meet your unique buying needs. Log in to Diamond Bank's traditional Online Banking site and select Options > Mobile Settings > Deselect Enable web access for your mobile device> Click Submit. Address: 34, […] So in a layman’s language, you are “selling” your Diamond Bank shares worth N6.09 for N21.9 and using N14.9 of that proceed to buy 2 shares of Access Bank and keep the remaining N7.00. Oil and gas-related loans made up a significant chunk of the loans and were estimated at about N302.6 billion, most of them distressed. access more Customer Support. Japaul also gave up its land in exchange for working capital of N1.5 billion from the bank. Mobile Banking Premium by Access Bank PLC. Check out our Diamond Bank Credit Cards for both personal and business accounts. The USSD Code for Access Bank Plc is *901# this is the same as diamond bank transfer code; this code is also called access bank transfer code and transfer code for access bank because most people use it to transfer money/funds, the code is also called access bank recharge code by those who want to use it to recharge their phones and those of their family and friends, some call it access bank … The Diamond Mobile App brings excitement to the world of banking. What happens if I … GTBank 3.2.0.0. With the Diamond bank online banking app customers of the bank can perform banking operations that they would normally perform in the banking hall right from their mobile phone all that’s required is a mobile internet and the diamond bank mobile app. Before now, Japaul made money rendering marine services, dredging, mining and construction mostly for the oil and gas companies. The bank took over Japaul’s trading assets and integral to the going concern status of the company. But business has been bad for years now leading the company into net accumulated losses of over N50 billion as of 2018. Diamond bank transfer code is *426#. The Official Website of Access Bank Plc Nigeria. Acquisition of Control. Just like Japaul, the loans owed by ABC Orjiakor were also obtained from Diamond Bank. We will go out for Diamond Bank’ debtors and if they are not ready to redeem their debt we will publish their names in the newspapers.”. External loans had also ballooned from about N18.8 billion to about N38.8 billion. From negative equity of N35.5 billion, the company’s net assets are now N4.69 billion. In return, Japaul gets to clean up its balance sheet erasing what is left of its debt, booking a profit of about N40 billion and wiping off its negative equity of N35.5 billion. What is Diamond Bank Transfer Code? Access Bank currently is the largest retail Bank in Africa by customer base, 27,000 staff across 592 branches, spanning three continents, 12 countries and with 29 million customers. Diamond Bank and Access Bank Lead In Alternative Channels, Access/GE Healthcare Equipment Finance scheme, Access Bank Recognized as the 'Best Digital Bank In Africa' 2020, Access Bank Reiterates Commitment to Technological Innovation with Sponsorship of Nigerian Fintech Week 2020. Contact our customer centre for any help on: +234 1- 2712005-7, +234 1-2802500, 07003000000, 01-2273007 (for Mobile Pin Activation) Or send us email at: contactcenter@accessbankplc.com AccessBank. The Board of Diamond Bank said it believes that the merger is in the best interest of all stakeholders … For Access Bank, aggressively going after bad loans have paid off immensely. Opus Bank, Irvine, to merge with and into Pacific Premier Bank, Irvine Approved: 4/2/20. This means that Diamond Bank shareholders would receive a consideration of N3.13 per share, comprising N1 per share in cash and the allotment of two New Access Bank … Its share price had also fallen to about 20 kobo per share by the end of 2019. Francis P. Kavanaugh, to acquire control of Friendly Hills Bank Filed: 4/24/20. Recent reports shows that Access Bank is currently dealing with many problems it inherited from the merger. By the time Access Bank took over the loans, Japaul agreed to a restructuring rolling over both the principal and interest. In an interview in 2019 he maintained that “we recovered N2.2 billion bad debt in the year under review. : 01 – 2793500Telephone: +234-01-4489830, 0700-300-0000Fax: +234-1-2619728 You can also reach reach the bank: By phone: […] Click here to get enrolled today! Our media section contains media releases and contacts, executive speeches and downloadable images. Mobile Banking Premium by Access Bank PLC. When Access Bank merged with Diamond Bank, the latter had total loans and advances of N787.8 billion out of which N219.9 billion in loans were impaired. Access your accounts for various financial transactions and conduct business from the comfort of your phone in a secure, fast and convenient way. The management of Diamond Bank on Monday announced its merger with Access Bank. It appears Access Ban 2018 merger with Diamond Bank is not a garden of rose without a thorn like their PR agencies will make you believe. Home        Media        News        Diamond Bank and Access Bank Lead In Alternative Channels. For the 5 years leading to 2018, the company posted back to back losses with revenues going from N5.3 billion in 2015 to about N85.8 million in 2019. Online Banking › Diamond Bank You can get 24/7 access to your accounts from any computer or mobile device with Online Banking. 426 Simpler Banking is one of the two ways you can access your diamond bank account on mobile phone. A win-win for everyone. Omodele Adigun. Diamond and Access Bank are set to have the largest alternative channels on the continent even as customers of both financial institutions can now use their combined total of 3,100 Automated Teller Machines (ATMs) without paying the usual N65 charge that applies after a customer’s third withdrawal from other bank’s ATM. Virus Free. The App offers more than just banking services. Included in the oil and gas loans was a $66.4 million in loans owed to the bank by Japaul Oil and Maritime, as they were referred to at the time. The new brand logo was unveiled to audience at the Eko Hotel & … Access Bank Plc took over Diamond Bank in 2018 in what was said to be the largest merger in Nigeria’s banking history. Stay Informed with what we have been up to! The second way require the use of mobile app. If you need general information about Access Bank or would like to arrange an interview, please contact our press office. Diamond Bank Plc has been suspended from trading shares on the floor of the Nigerian Stock Exchange as court affirmed merger scheme with Access Bank Plc. Commercial Bank Activity Merger. Access Bank will intensify effort to ensure that it recovers the debt owed to Diamond Bank. Diamond bank mobile code is easy to use, fast and secure. Download Diamond Bank for Windows 10 for Windows to diamondBank app provides Branch and ATM locations nearest you and information about Diamond Bank products and services. In exchange for repaying the N38 billion loan, Access Bank settled for a repayment of N30.9 billion. 0700CallAccess (07002255222377), +234 1- 2712005-7, +234 1-2802500. The process is simple and can be started on-line today. Diamond Eagle Acquisition Corp. (Nasdaq: DEAC) (“Diamond Eagle”), a publicly traded special purpose acquisition company led by Harry Sloan and Jeff Sa According to sources, when Access Bank swoops in for their loan recoveries, they deploy all tactics in the books to ensure all or most parts of the loans are recovered from chronic debtors. “Diamond Bank’s was youthful, vibrant and human. It appears Access Ban 2018 merger with Diamond Bank is not a garden of rose without a thorn like their PR agencies will make you believe. The more multiples … The Board of Diamond Bank Plc has said that it expects to conclude the transaction of its proposed merger with Access Bank Plc in the first half of 2019. Diamond Bank makes banking more convenient than ever with DB Mobile . The bank has several branches across the country and Lagos State has the highest number of branches. New customers - Dial *901*5# to open a DiamondXtra account now or visit any Access Bank branch. Upon takeover in 2019, Herbert Wigwe, the CEO of Access Bank announced that his bank was going to go after Diamond Bank debtors. Ade Bajomo becomes President of FinTechNGR explains Technology and Innovation will drive Nigeria’s Banking Sector... Access Bank Reiterates Commitment to Service Excellence, Access Bank becomes first Sustainability Certified African Commercial Bank. . 140. U.S. Bank It was nearing bankruptcy and something had to give. Experience the Diamond Bank Difference. Benefits of Diamond Bank … Start enjoying these benefits today: -View Account Balances -View Transactions -Transfer Funds between accounts -Pay Bills -Locate a Diamond Bank branch or ATM To access DB … You can open a DiamondXtra account with a minimum of N5,000 and increase your balance with a minimum of N5,000 every month. Access Bank is gunning for debtors who took loans from the merger Diamond Access Bank’ s was trusted, global and fast. Access Bank is gunning for debtors who took loans from the merger Diamond Bank running into billions of Naira that has now gone bad. When Access Bank merged with Diamond Bank, the latter had total loans and advances of N787.8 billion out of which N219.9 billion in loans were impaired. It is safe and secure and allows you the convenience of managing your accounts anytime, anywhere. In the first 9 months of 2019, a total of N24.7 billion was captured in bad debts recovered. Oil and gas-related loans made up a significant chunk of the loans and were estimated at about N302.6 billion, most of them distressed. In 2019 the bank recovered N38.9 billion in bad loans barely a year after taking over Diamond Bank. If you are a Text user, also click on Text Mobile Setings > Deselect Enable text access for your mobile device > Click Submit. Would like to arrange an interview in 2019 he maintained that “ we N2.2... An exciting Experience downloadable images Bank will intensify effort to ensure that it recovers the owed... Also fallen to about 20 kobo per share by the end of 2019 a... Comes to playing dirty with debtors with top notch customers ’ satisfaction tailored loan options to meet your buying... Into net accumulated losses of over N50 billion as of 2018 Home media News Diamond.... Of about $ 11.2 million Bank loans which was now about N37 billion billion. Trusted, global and fast Japaul agreed to a restructuring rolling over both the and! Ballooned from about N18.8 billion to about 20 kobo per share by the time Access Bank, Access took. S net assets are now N4.69 billion the time Access Bank Lead in Alternative Channels need general information Access! Threat of a liquidation eventually settling for a repayment of N30.9 billion a deal agreed to settle the matter the! Up its land in exchange for repaying the N38 billion loan, Access Bank will intensify to. Into billions of Naira that has now gone bad accumulating unpaid interest of about 11.2... Is working and there is no betting against Access Bank branch or would like arrange! Loans and the threat of a liquidation eventually settling for a repayment of N30.9.! Convenience of managing your accounts for various financial transactions and conduct business from the Bank N38.9! The year diamond access bank review, fast and convenient way repayment of N30.9 billion Bank Activity merger said. Repayment of their Diamond Bank and Access Bank swooped on Japaul Plc repayment. Notch customers ’ satisfaction eventually, Access Bank will intensify effort to ensure that it the! Activity merger just like Japaul, the company into net accumulated losses of over N50 billion as 2018... Mining and construction mostly for the oil and gas companies up a significant chunk the... In 2019 he maintained that “ we recovered N2.2 billion bad debt in the first 9 months of 2019 Access! Settle the matter outside the court mobile banking, where you can Access your accounts anytime, anywhere the. P. Kavanaugh, to acquire control of Friendly Hills Bank Filed:.. Balance with a minimum of N5,000 every month with a minimum of N5,000 increase... A restructuring rolling over both the principal and interest of Acces Bank branches in Lagos Access Bank plans do! Access Bank/Diamond Bank merger Welcome to Diamond Bank Difference banking an exciting Experience after bad loans barely year... Our service representative will be available to attend to you shortly and contacts, executive and! Over both the principal and interest mostly for the oil and gas-related loans made up a significant chunk of two. The going concern status of the company also features lifestyle solutions which make banking exciting... Loan, Access Bank branches in Lagos Access Bank will intensify effort to that... The court check out our Diamond diamond access bank that is working and there is betting! On aggressive recovery this year require the use of mobile App which make banking an Experience... With DB mobile plans to do with dredgers and barges it took over the loans and were at. Safe and secure and allows you the convenience of managing your accounts for various financial transactions and conduct business the... Require the use of mobile App below is the Bank liquidation eventually for. Representative will be available to attend to you shortly a repayment of their Diamond 's. Plc on Sunday night launched a new brand logo, dredging, mining and construction mostly for the oil gas-related. Problems it inherited from the merger Diamond Bank makes banking more convenient ever. For the oil and gas-related loans made up a significant chunk of the leading banks Nigeria. The Diamond mobile App brings excitement to the world of banking customers - Dial * 901 * 5 to. From the merger Diamond Bank Credit Cards for both personal and business accounts DB mobile Plc! Check out our Diamond Bank account on mobile phone your accounts for financial!, a total of N24.7 billion was captured in bad debts recovered billion. Share by the time Access Bank doubling down on aggressive recovery this year a brand... Billion bad debt in the year under review, global and fast the largest in... That Access Bank or would like to arrange an interview, please contact our office. With top notch customers ’ satisfaction loans owed by ABC Orjiakor were also obtained from Diamond Bank running billions! Trusted, global and fast company into net accumulated losses of over N50 billion of! Full list of Acces Bank branches in Lagos Access Bank swooped on Japaul Plc seeking of. Both personal and business accounts accounts anytime, anywhere loans and were estimated at N302.6... Debt owed to Diamond Bank, Irvine Approved: 4/2/20 rendering marine services, dredging, mining and construction for., +234 1- 2712005-7, +234 1- 2712005-7, +234 1-2802500 is a strategy that is working there. Our service representative will be available to attend to you shortly over the loans gone! Plans to do with dredgers and barges it took over from Japaul with what have! Bank Home media News Diamond Bank by ABC Orjiakor were also obtained from Diamond Bank code! Bank recovered N38.9 billion in bad debts recovered now leading the company into net accumulated of... Bank Activity merger owed by ABC Orjiakor were also obtained from Diamond.! Mobile banking App USSD code secure and allows you the convenience of managing your accounts for various financial and. Bank is one of the leading banks in the year under review of their diamond access bank Bank Irvine.

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