Diamond Bank

Diamond Bank/IFC Loan Agreement with Alex Otti

Published onWed, 08 Aug 2012

The International Finance Corporation and the Africa Capitalization Fund has granted Nigeria's Diamond Bank a $70 million 7-year convertible subordinated loan.

The fresh capital is part of a broader recapitalisation strategy for the lender and ABN's Wole Famurewa caught up with Alex Otti, CEO at Diamond Bank, for more.

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