Herbert Wigwe, CEO of Access Bank, says the bank will allow customers to maintain whatever account they decided to run.
The Access Bank CEO further states that some brand and products of Diamond Bank will be retained.
Uzoma Dozie, Diamond Bank CEO, says the merger process will create Africa’s biggest retail hub.
The deal is expected to be completed by the end of March 2019.
Wigwe said the two banks’ mobile application platforms will be upgraded to create a strong and formidable mobile app that will be accessible and make instantaneous settlement across Africa.
Access Bank and Diamond Bank’s merger plan is no longer news as both Nigerian lenders formalise the process by the end of the first quarter of 2019.