The Asset Management Corporation of Nigeria has said it will get the best bargain in the disposal process of the nationalised banks. The Managing Director, AMCON, Mr. Mustafa Chike-Obi, offered insight into the decision of the corporation to start the sale of its three banks – Enterprise Bank, Keystone Bank […]
Tag: Nationalised Banks
FirstRand moves to acquire nationalised bank
Fresh facts have emerged that First Rand Bank, one of South Africa’s biggest banks, may acquire one of the nationalised banks under the control of the Asset Management Corporation of Nigeria. The Chief Executive Officer, FirstRand, Mr. Sizwe Nxasana, said during the inauguration of Rand Merchant Bank Nigeria on Thursday […]
FirstRand eyes nationalised banks to complement merchant licence
FirstRand Limited, South Africa’s second-largest bank, has said it needs to buy a retail and commercial bank in Nigeria to support its investment bank and win access to consumer deposits for corporate funding. The Chief Executive Officer, First Rand Merchant Bank, Mr. Alan Pullinger, said on Friday, “We can run […]
