BrandArena: Access, Diamond To Become One Financial Institution From April 1

Wednesday, 6 March 2019

Access, Diamond To Become One Financial Institution From April 1

...As Shareholders Endorse Merger 

The new enlarged Access Bank brand will officially commence full operations on Monday, April 1, 2019. This was confirmed by the CEOs of Access Bank and Diamond Bank, Mr Herbert Wigwe and Mr Uzoma Dozie respectively in an email sent to all their customers today, Wednesday, March 6, 2019.

In a joint statement signed by the duo after shareholders of the two lenders approved the merger between them, it was said that customers will now begin to enjoyed better services.

The statement reads:

In the fourth edition of Together for You, we’re delighted to announce we have secured shareholder approvals for our merger.

Following receipt of High Court permission and SEC and CBN regulatory approvals, the merger between Access Bank and Diamond Bank will proceed as planned. At this stage, we expect to launch the new enlarged Access brand and officially start operating as one business on April 1, 2019.

We’re delighted that shareholders of both companies supported the merger. It is testament to what we have said before: together we are stronger and can offer more opportunities for our employees, more products and services for you, our customers and more benefits for all our stakeholders. This approval puts us a step closer to becoming bigger, better and stronger Access Bank, one of Africa’s largest banks by number of customers.

Our team of brand experts have been busily working in the background and are making good progress to create a brand that is a fusion of Access Bank and Diamond Bank. This new brand will reflect both banks’ shared purpose to help people achieve their dreams and, in doing so, for Africa to take its place on the world stage.

As you know from our last message, we’re looking at expanding XclusivePlus and DiamondXtra to increase benefits and payouts, as well as growing our branch network to offer even more convenience. Creating even higher standards of customer service is one of our priorities with this proposed merger. And with Access Bank’s financial strength and prudence, you can be rest assured that your savings are safe.We’ll continue to keep you updated as the merger process evolves. We’re excited to unveil the new enlarged Access Bank soon and offer even more to you. In the meantime, should you have any questions, please speak to your customer relationship manager at your local branch.

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