Diamond Bank PLC is a leading financial institution respected for its excellent innovation in providing value-adding solutions to customers’ business needs. Over the years, the Bank has leveraged on its underlying resilience to grow its asset base and to successfully retain its key business relationships.
Diamond Bank strives to provide an exceptional customer experience using technology and people to exceed customers’ expectation.
Diamond Bank Plc is a large financial services provider in West Africa with 273 branches in Nigeria, Benin Republic, Senegal, Togo and in Côte d’Ivoire. It launched its first non-African subsidiary in the United Kingdom –Diamond Bank, UK –in 2013
Headquartered in Lagos, Nigeria’s commercial capital, Diamond Bank Plc began as a private limited liability company on March 21, 1991. In January 2005, following a highly successful Private Placement share offer which substantially raised the Bank’s equity base, the bank became a public limited company. In May 2005, the Bank was listed on The Nigerian Stock Exchange.
This consistent growth pattern was followed in 2008 when Diamond Bank’s Global Depositary Receipts (GDR) was listed on the Professional Securities Market of the London Stock Exchange. The first bank in Africa to record that feat.
The Bank is structured to operate in four strategic business units; Retail Banking, Business Banking, Corporate Banking and Public Sector
Diamond Bank is also in a strategic partnership with the International Finance Corporation (IFC) who in June 2012 availed the bank a $70 million facility. Also, Actis invested N17billion in equity in Diamond Bank in 2007, a transaction adjudged as the largest single private equity investment made in Nigeria by foreign investors.
Diamond bank was the first African company/bank to be quoted on the professional securities market of the London Stock Exchange in 2008
Rated A- by Fitch, A+ by Agusto and A by GCR reflecting the Bank’s sustainable liquidity in 2009.
Named Best Oil and Gas Investment Company in 2012 and 2013 by World Finance Magazine
Diamond Bank is a pacesetter in providing financial services to Micro, Small and Medium-scale Enterprises in Nigeria. the bank identified this sector as the base on which the future growth and development of the nation depends and that informed its initial partnership with the IFC in 2008 to build a sustainable framework for MSME financing which has stood the test of time.
Today, Diamond Bank as one of the leading banks in Nigeria, respected for its excellent service delivery, driven by innovation and operating on the most advanced banking technology platform in the market has been able to leveraged on its underlying resilience to grow its asset base and to successfully retain its key business relationships. And like a diamond, their strength makes them even more valued and valuable.
