Diamond Bank Consolidates Profitable Growth

Diamond Bank PLC has delivered a double digit return on equity as it announced a 16.7% increase in profit before tax to N32.1billion for the full year ended December 31, 2013. On the back of the very good performance, the bank has proposed a dividend of 30k per 50k ordinary shares. In a statement released

African Guarantee Fund Parners Diamond Bank to Support Small Businesses in West Africa

The African Guarantee Fund (AGF) has entered into an agreement with Diamond Bank to support the bank’s lending to small businesses in West Africa to the tune of USD 25 Million. Speaking at a press conference held after the partnership agreement signing ceremony, Executive Director – Retail Banking, Diamond Bank PLC, Mr. Uzoma Dozie, said

Diamond Bank launches Branchless Banking on BankOne

Nigerian banking behemoth Diamond Bank has intensified its focus on delivering financial services to the under-banked in the informal sector by launching its “branchless banking” service on BankOne, a mobile banking application which allows instant account opening and registration. The application is designed and developed by AppZone, a fast-growing technology company. The integration of the

Diamond Bank Group Managing Director/CEO, Wins USAfrica International Banker Of The Year 2013 Award

Dr. Alex Otti, the Group Managing Director/CEO of Diamond Bank, has won the USAfrica Best of Africa 1st International Banker of the Year 2013 award. The trophy was handed to Dr. Otti — on behalf of USAfrica — by the leading candidate for the Mayor of America’s 4th largest city Houston and former city attorney,