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Growing mergers expectations in banking sector

Stakeholders in the financial sector have said that the merger between Access Bank Plc and Diamond Bank Plc could trigger more mergers and acquisitions in the banking sector, NIKE POPOOLA reports

The merger process between Access Bank Plc and Diamond Bank Plc, which was announced sometimes in 2018, is scheduled to end on March 31.

The fusion of the two banks is expected to lead to the emergence of a new enlarged Access brand, which would officially start operating as one business entity on April 1.

Banking Industry News

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