Diamond Bank PLC is a Nigeria-based bank that is engaged in the provision of banking and financial services to corporate and individual customers. The Bank provides its services mainly through four business segments: Retail Banking, Corporate Banking focuses, Business Banking and Treasury. Retail Banking covers all banking activities relating to individuals (consumer banking) and MSME banking. Corporate banking includes all the banking activities relating to multinationals; other large/well-structured companies in oil and gas, power and infrastructure, maritime and transportation, telecom/general services, manufacturing/trade and construction. Business banking includes all banking activities relating to medium scale enterprises, Treasury department of the Company is responsible for the management of the Company's liquidity ensuring a balance between liquidity and profitability.
Diamond Bank Plc began as a private limited liability company on March 21, 1991 (the company was incorporated on December 20, 1990). Ten years later, in February 2001, it became a universal bank. In January 2005, following a highly successful Private Placement share offer which substantially raised the Bank's equity base, Diamond Bank became a public limited company. In May 2005, the Bank was listed on The Nigerian Stock Exchange. Moreover, in January 2008, Diamond Bank's Global Depositary Reciepts (GDR) was listed on the Professional Securities Market of the London Stock Exchange. The first bank in Africa to record that feat.
Today, Diamond Bank is one of the leading banks in Nigeria* - respected for its excellent service delivery, driven by innovation and operating on the most advanced banking technology platform in the market. Diamond Bank has over the years leveraged on its underlying resilience to grow its asset base and to successfully retain its key business relationships. And like a diamond, our strength makes us even more valued and valuable. Diamond Bank has won several awards including the prestigious "Nigerian Bank of the Year, 2009", the "Most Improved Bank of the Year, 2007" and "Best Bank in Mergers & Acquisition, 2006" all by the ThisDay Annual Awards.
We have retained excellent banking relationships with a number of well-known international banks, allowing us to provide a bouquet of world class banking services to suit the business needs of our clients. These international banking partners include Citibank; HSBC Bank; ANZ Banking Group; ING BHF Bank AG; Standard Chartered Bank; Belgolaise Bank S.A; Deutsche Bank; Commerzbank; and Nordea Bank Plc.
In 2008, and to ensure we grow with the needs of our customers, we streamlined our operations into three distinct strategic business segments: Retail banking, Corporate Banking, and Public sector.
Diamond Bank continues to develop and to build on its core competencies. By continually cutting from the rough, we have improved our services and our banking facilities. Like cutting from a rough gem to create a diamond of the finest quality, we are proud to have become a gem of a bank.