International Finance Corporation recognises Diamond Bank Plc as a market leader in the Nigerian banking industry with an award of best issuing partner bank in sub- Sahara Africa
| By Anayo Ezugwu | Mar. 17, 2014 @ 01:00 GMT
THE International Finance Corporation, IFC, has recognised Diamond Bank PLC as a market leader in the Nigerian banking industry. For this reason, IFC has picked the bank for its award as the Best Issuing Partner Bank in sub-Saharan Africa. The award was presented to the bank’s officials at the inaugural Global Trade Partners Awards dinner held in Lisbon, Portugal. The event was attended by more than 350 delegates from 56 countries.
Georgina Baker, global head, trade and supply chain solutions, IFC, said the annual conference provides an unparalleled opportunity for the partners to learn from global experts and develop business leads in all regions. “We are pleased to acknowledge those banks that innovated or worked extensively with IFC last year to support the growth of emerging market trade and help more countries and firms integrate into global supply chains,” he said.
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. Working with private enterprises in more than 100 countries, the organisation uses its capital, expertise and influence to help eliminate extreme poverty and promote shared prosperity. In the 2013 financial year, IFC’s investments climbed to an all-time high of nearly $25 billion, leveraging the power of the private sector to create jobs and tackle the world’s most pressing development challenges.
Diamond Bank is a leading and respected bank in Nigeria, with over 250 branches around the country, noted for its excellent service, driven by innovation and delivered through the most advanced banking technology platform in the market. It currently offers full range of banking services through its offices in the Republics of Benin, Togo, Cote D’Ivoire, Senegal and the United Kingdom. Diamond Bank has, over the years, leveraged its underlying resilience to grow its asset base and to successfully retain its key business relationships.