Home The Banks Diamond bank gets cash injection offer to boost capital ratio

Diamond bank gets cash injection offer to boost capital ratio

by Entrepreneurng

Diamond Bank Plc, has gotten an offer from a major investor who is willing to inject cash by increasing its stake that would enable the tier two lender boost its capital adequacy ratio above the Central bank threshold of 15 percent maximum, Seyi Bickersteth Outgoing chairman for the firm told Bloomberg.

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