diamond access bank

“Diamond Bank expects the … It is safe and secure and allows you the convenience of managing your accounts anytime, anywhere. 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. access more Customer Support. 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. 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. 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. The more multiples … 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. New customers - Dial *901*5# to open a DiamondXtra account now or visit any Access Bank branch. Japaul got a one-year moratorium on repayment expiring in December 2020. Stay Informed with what we have been up to! Welcome to Diamond Bank's Mobile Banking App! 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. Eventually, Access Bank and Japaul agreed to settle the matter outside the court. 426 Simpler Banking is one of the two ways you can access your diamond bank account on mobile phone. Access your accounts for various financial transactions and conduct business from the comfort of your phone in a secure, fast and convenient way. The USSD service (*426#) is one of the Bank’s strategies to ensure financial inclusion. But business has been bad for years now leading the company into net accumulated losses of over N50 billion as of 2018. 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. It is available 24 hours of everyday including public holidays and weekends. 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. What is Diamond Bank Transfer Code? Just like Japaul, the loans owed by ABC Orjiakor were also obtained from Diamond Bank. In 2019 the bank recovered N38.9 billion in bad loans barely a year after taking over Diamond Bank. In an interview in 2019 he maintained that “we recovered N2.2 billion bad debt in the year under review. The Board of Diamond Bank said it believes that the merger is in the best interest of all stakeholders … 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.”. 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. Access bank is one of the leading banks in Nigeria that is known with top notch customers’ satisfaction. Following the completion of its merger with Diamond Bank, Access Bank Plc on Sunday night launched a new brand logo. 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. 140. Diamond Bank Credit Card Get the help you need, fast and simple. Check out our Diamond Bank Credit Cards for both personal and business accounts. Thank you for contacting us, our service representative will be available to attend to you shortly. Access Bank’ s was trusted, global and fast. Diamond Eagle Acquisition Corp. (Nasdaq: DEAC) (“Diamond Eagle”), a publicly traded special purpose acquisition company led by Harry Sloan and Jeff Sa A win-win for everyone. Click here to get enrolled today! For Access Bank, aggressively going after bad loans have paid off immensely. AccessBank. The process is simple and can be started on-line today. It is a strategy that is working and there is no betting against Access Bank doubling down on aggressive recovery this year. "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. 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. 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. 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. Acquisition of Control. : 01 – 2793500Telephone: +234-01-4489830, 0700-300-0000Fax: +234-1-2619728 You can also reach reach the bank: By phone: […] The management of Diamond Bank on Monday announced its merger with Access Bank. Recent reports shows that Access Bank is currently dealing with many problems it inherited from the merger. 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. Benefits of Diamond Bank … 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. A mobile banking application for managing user accounts. 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. 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 … Dial the USSD code *901*11*1# (for former Diamond customers only) Download the QuickBucks App, available on Google Playstore or Apple App Store. 0700CallAccess (07002255222377), +234 1- 2712005-7, +234 1-2802500. The Official Website of Access Bank Plc Nigeria. Go to the Access Mobile App and select Loans & Investments; Access Bank Internet Banking and WhatsApp Banking channels Home        Media        News        Diamond Bank and Access Bank Lead In Alternative Channels. ... Diamond 3.3.0.0. You can open a DiamondXtra account with a minimum of N5,000 and increase your balance with a minimum of N5,000 every month. In the first 9 months of 2019, a total of N24.7 billion was captured in bad debts recovered. Experience the Diamond Bank Difference. . GTBank 3.2.0.0. 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 … However, in one fell swoop. If you are a Text user, also click on Text Mobile Setings > Deselect Enable text access for your mobile device > Click Submit. Offering tailored loan options to meet your unique buying needs. Francis P. Kavanaugh, to acquire control of Friendly Hills Bank Filed: 4/24/20. The new brand logo was unveiled to audience at the Eko Hotel & … In 2019, Access Bank swooped on Japaul Plc seeking repayment of their Diamond Bank loans which was now about N37 billion. 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. They call it “Simpler banking”. 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. Our media section contains media releases and contacts, executive speeches and downloadable images. Omodele Adigun. Before now, Japaul made money rendering marine services, dredging, mining and construction mostly for the oil and gas companies. Access Bank is gunning for debtors who took loans from the merger Diamond 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 Below is the full list of Acces bank branches in Lagos Access Bank Branches in Lagos Access Bank Plc. Diamond Bank makes banking more convenient than ever with DB Mobile . The second way require the use of mobile app. Online Banking › Diamond Bank You can get 24/7 access to your accounts from any computer or mobile device with Online Banking. Mobile Banking Premium by Access Bank PLC. Upon takeover in 2019, Herbert Wigwe, the CEO of Access Bank announced that his bank was going to go after Diamond Bank debtors. What happens if I … U.S. Bank The App offers more than just banking services. Mobile Banking Premium by Access Bank PLC. 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. 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. Copyright © 2020 IdomaVoice, managed by NetDivo. If you need general information about Access Bank or would like to arrange an interview, please contact our press office. The bank took over Japaul’s trading assets and integral to the going concern status of the company. Accounting and Tax Treatment for Access Bank/Diamond Bank merger External loans had also ballooned from about N18.8 billion to about N38.8 billion. The loans had gone bad accumulating unpaid interest of about $11.2 million. Ade Bajomo becomes President of FinTechNGR explains Technology and Innovation will drive Nigeria’s Banking Sector... 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