Access Bank to raise $250m Tier 2 capital ahead of merger with Diamond Bank

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Targets N30bn annual cost savings from merger. Diamond Bank to write off all bad loans. By Babajide Komolafe & Peter Egwuatu. Access Bank Plc, yesterday, said it will raise Tier 2 capital of $250 million (N90 billion) to strengthen its capital base ...

from Google Alert - Business https://ift.tt/2EyEUog
Targets N30bn annual cost savings from merger. Diamond Bank to write off all bad loans. By Babajide Komolafe & Peter Egwuatu. Access Bank Plc, yesterday, said it will raise Tier 2 capital of $250 million (N90 billion) to strengthen its capital base ... https://ift.tt/eA8V8J

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