I have followed intently news and developments surrounding the recent 'marriage' between Access Bank of Nigeria and Diamond Bank. Whatever the basis of this merger, one thing is certain and that is the basis of my topic: a mega-bank is being born.
As stated on their Twitter handle, Access Bank states that with this combintion, Access Bank and Diamond Bank will have almost 700 branches and 3,100 ATMs to serve Nigerians.
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This will make the new mega-bank have the widest bank and ATM network among all the Nigerian banks. That is a wow!
My only hope is if the management of the mother Access Bank can continue to incorporate their excellent corporate culture and business strategy to re-brand the new bride into their superb ecosystem, the new megabank will take the lead!
What do you think?