Diamond Bank Company Profile
As of March 19, 2019, Diamond Bank Plc was acquired by Access Bank Plc. Diamond Bank Plc, together with its subsidiary, provides banking and other financial services to corporate and individual customers in Nigeria, rest of West Africa, and Europe. The company operates through four segments: Treasury, Business Banking, Retail Banking, and Corporate Banking. It offers investment, commercial and retail banking, securities dealing, and custodian services. The company’s personal banking products and services include current and savings accounts, as well as term deposits; consumer loans, such as personal, auto, mortgage, pay day, and school fees loans, as well as asset leasing services; debit and credit cards; and agency and merchant services. Its business banking products and services comprise current and currency accounts; emerging businesses revolving and installment loans, and loans for the healthcare sector; local purchase order, import, and contract finance services, as well as revolving credit; and treasury bills and investment notes. In addition, the company offers guarantees, letters of credit, trade finance, and trade collection services; foreign exchange and cash management services; insurance products; and payment, online and electronic banking, and money transfer services. Diamond Bank Plc was incorporated in 1990 and is headquartered in Lagos, Nigeria.