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Oceanic Bank was incorporated on March 26, 1990, as a private limited liability company with 100% equity ownership by Nigerian citizens, and licensed on April 10, 1990, to carry on commercial banking. The bank commenced business on June 12, 1990, at the Waterfront Plaza, Plot 270, Ozumba Mbadiwe Avenue, Victoria Island, Lagos.
Ecobank Nigeria is a member of Ecobank, the leading independent pan-African bank, headquartered in Lomé, Togo, with affiliates in West, Central and East Africa.Ecobank, which was established in 1985, has grown to a network of over 1,000 branches, employing over 10,000 people, with offices in 32 countries including Benin, Burkina Faso, Burundi, Cameroon, Cape Verde, the Central African ...
The Global Fleet Group is a business conglomerate, that is headquartered in Lagos, Nigeria, with interests across a range of sectors in Africa.Current interests include oil and gas, airlines, magazines, insurance, hotels, resorts, real estate, petrol stations, manufacturing and banking.
Bank executives, meanwhile, complain that regulators' foot-dragging and uncertainty caused by looming regulatory reforms have depressed merger activity among healthy banks to historic lows.
Date. Acquiring bank. Acquired bank. Purchase price. Sept. 30, 1998. Bank of America. NationsBank. $62 billion. July 1, 2004. J.P. Morgan Chase. Bank One. $58 billion
Ecobank, whose official name is Ecobank Transnational Inc. (ETI), is a pan-African banking conglomerate, with banking operations in 33 African countries.It is the leading independent regional banking group in West Africa and Central Africa, serving wholesale and retail customers.
Cecilia Ibru (born 22 March 1946) is the former managing director and chief executive officer of Oceanic Bank. [1] She is Nigeria's first female bank CEO and was dubbed the first lady of banking. [2] [3] In 2010, she was convicted of corporate fraud and sentenced to prison as part of a multibillion-dollar banking scandal.
National Bank of Greece S.A. (NYSE: NBG) is currently halted for trading, even the ADRs trading in New York. Shares were up about 4.5% in Athens before even the Greeks halted trading. The driving ...