Friday , March 29 2024

Banking and Finance

Who Owns PremiumTrust Bank? 

Who Owns PremiumTrust Bank? 

Since its grand entrance into the Nigerian banking sector, PremiumTrust Bank has sent tongues wagging on the issue of ownership structure. Licensed by the Central Bank of Nigeria in December 2021 to operate as a Commercial Bank in Nigeria, but officially opened for business in Port-Harcourt, Rivers State on the …

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Access Bank Paris Launch to Strengthen Trade and Investment Links Between Africa, Europe

Access Bank Paris Launch to Strengthen Trade and Investment Links Between Africa, Europe

As part of its strategic moves to boost trade and investment between Africa and Europe, Access Bank Plc (www.AccessBankPLC.com), one of Nigeria’s biggest financial services institutions, has established a new subsidiary in Paris, France. With this bold move, the leading Nigerian financial institution has reinforced its commitment to strengthening cross-border …

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Fidelity Bank Targets 5 Acquisitions in Africa

Fidelity Bank Targets 5 Acquisitions in Africa

Fidelity Bank Plc,  has said it plans to expand in at least five African countries after finalising the acquisition of the London unit of rival Union Bank of Nigeria Plc. The 35-year-old institution is negotiating a second acquisition, chief executive offficer Nneka Onyeali-Ikpe said, without identifying the target. The lender …

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