Diamond Bank To Sell Off All Its International Branches, Now A National Bank

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Diamond Bank To Sell Off All Its International Branches, Now A National Bank

Nigeria's apex bank, Central Bank of Nigeria has granted Diamond Bank Plc the approval to operate as a national bank following its application for it.

The bank’s Chief Executive Officer, Mr. Uzoma Dozie, said this in a statement signed by the bank’s Head of Media, Ezechinyere Anyanwu, on Friday in Abuja.

According to Dozie, the move was part of Diamond Bank’s strategy to focus on Nigeria’s significant opportunities.

He said that the change in the license means Diamond Bank could expand product services to Nigerian consumers.