A man identified as Tunde Martins, who defrauded Diamond Bank of N30 million, has been jailed on Monday for 7 years by Justice Josephine Oyefeso of the Lagos State High Court Igbosere, Lagos The convict had obtained the said sum as a loan from Diamond Bank Plc, with a forged Certificate of Occupancy, C of…
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Diamond Bank Gets CBN Approval To Operate As National Bank
Nigeria’s fastest growing retail bank, Diamond Bank Plc, has received the approval of the Central Bank of Nigeria (CBN) following its application to operate as a National Bank with immediate effect (subject to conclusion of the sale of Diamond Bank UK- DB UK Plc). With this approval the bank will cease to operate as an…
Diamond Bank Insists No Ongoing Talks With New Investors
The management of Diamond Bank has maintained that it is not having discussions with any prospective investors as being speculated in the media. In a statement issued by Diamond Bank, it dismissed media reports that some potential investors were having talks with the bank in order to recapitalise it. “The Board of Diamond Bank Plc…
Diamond Bank Emerges Top Retail Bank In Africa
Nigeria’s leading retail bank, Diamond Bank Plc, has earned itself a global recognition after being rated as the top retail bank in Africa. This rating was done by the Lafferty Banking 500 index 2018, which gave Diamond Bank 4stars and ranked as one of the best retail banks in the world. According to Lafferty, Diamond…
Diamond Bank Introduces SMEZone To Empower, Promote SMEs
Nigeria’s Small and Medium-scale Enterprises (SME)-friendly lender, Diamond Bank Plc, has announced the launch of SMEZONE, a digital platform based business community for SMEs in the country where they can easily access relevant, network and be mentored with and by other entrepreneurs, attend webinars, receive newsletters and participate in competitions that ultimately help position their…
Diamond Bank Partners Facebook To Host Female Entrepreneurs In Calabar
Diamond Bank in partnership with Facebook has commenced the first phase of targeted training for Small and Medium-scale Enterprises (SME) owners to enhance their businesses through online marketing platforms. The training exercise, which commenced in Calabar, Cross River State on Thursday, 30 August 2018 with over 120 SME owners in attendance, is aimed at scaling…
Diamond Bank Disburses N1 billion Under Cash Flow-Based SME Lending Scheme
Leading retail bank, Diamond Bank Plc, has again reiterated its support for Small and Medium-Scale Enterprises (SME) as the Bank announced its disbursement of over N1 billion under the cash flow-based SME lending scheme. Launched in January 2017 in partnership with the Women’s World Banking (WWB), the scheme features the Cash Flow-based MSME Lending Methodology,…
Diamond Bank Trains Business Owners In Ibadan
In line with its strategic drive and promise to enhance the development of young enterprises in Nigeria, Diamond Bank held a business workshop for small and medium scale business owners within Ibadan metropolis on how to manage their financial records and thrive in a competitive business environment. The Diamond workshop which was held at the…
Diamond Bank Boost Growth With 3m Digital Customers in Q2 2018
Diamond Bank has released its second quarter unaudited financial report for the period ended June 30, 2018 to the management and stockbrokers of the Nigerian Stock Exchange (NSE), emphasising its strong focus on the Nigerian market, especially the retail business segment through its digital penetration strategy. The report showed that the Bank’s digital strategy is…
Diamond Bank, Lagos Govt Join Forces To Fight Drug Abuse
As part of its Corporate Social Responsibility (CSR) initiative, Diamond Bank Plc is collaborating with “Lagos State Kicks Against Drug Abuse” (LASKADA), a campaign flagged off under the Lagos State Ministry of Youth and Social Development to fight drug abuse in the State’s schools. Head of Corporate Communications at Diamond Bank Plc, Chioma Afe, who…