The Securities and Exchange Commission (SEC)on Monday said the commissikn is aware of the intention of Access Bank and Diamind Bank to go into a merger.
A statement released by SEC says that Access bank and Diamond Bank have both notified the Commission and the general public. It is a notice to merge, they have not merged yet. SEC is awaiting their application on the matter
“The SEC received on Monday, Dec 17 2018, notice of intention by Diamond Bank & Access Bank to merge. The Commission is currently waiting for their formal Application”.