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All posts tagged "ETB"
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Sterling Bank offering ETB and AMCON shareholders 20 percent
Nigeria’s Sterling Bank said on Thursday it will issue 3 billion new shares to acquire privately-held Equitorial Trust Bank, paving the way for the rescued lender to recapitalize ahead of a central bank September deadline. Sterling’s Chief...
- Posted September 22, 2011
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Sterling Bank Signs TIA to Acquire ETB
The future of Equitorial Trust Bank (ETB) – one of the 10 banks bailed out by the Central Bank of Nigeria (CBN) in 2009 – was settled yesterday, with its acquisition by Sterling Bank Plc. Of the...
- Posted August 12, 2011