Diamond Bank Plc, one of the leading commercial banks in Nigeria has announced the commencement of its Senegal operations, adding that the presence ushers in a new phase in the Bank’s global expansion strategy and further emphasizes its vision of bringing world class banking services to all the francophone countries in the West African sub-region following its successful openings in the Republic of Benin.
In a statement made available to newsmen, the Head, Corporate Communications, Charles Udoh stated that the Bank will offer wholesale banking services, including structuring and funding of structured trade, project finance transactions, trade services business such as letters of credit, collections and guarantees, as well as arrangement of funding for group entities. “We are in Senegal to reaffirm our avowed commitment of bringing our full bouquet of life changing products which are tailor-made to meet the peculiar needs of the Bank’s various customers varying from corporate to retail products to the West Africa sub-region. We have made a statement in Nigeria, Republic of Benin and we are desirous of repeating it in Senegal as a leading bank that supports the growth and development of Small and Medium Scale Enterprises in the sub-region”, he said. Udoh further stated that for Diamond Bank, customer satisfaction and convenient service offering remains the primary reason for business, hence the Bank’s promise to continuously solve customer’ business problems with an absolute commitment to quality. The Bank was among the banks that pioneered online real time banking in the 1990s with its Diamond Integrated Banking Service (DIBS). Diamond Bank also spearheaded the drive towards a cashless society with the introduction of the Paycard, a cash purse which made it possible to securely carry large sums of money electronically.
Diamond Bank, established as a private liability company in 1991, presently operates more than 230 business offices in Nigeria with a subsidiary in the Republic of Benin, which was established in 2001 with over 20 business offices in Benin's key commercial centers.
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