Don't Miss

All posts tagged "Oceanic Bank"

  • Ecobank Completes Acquisition Oceanic Bank

    Ecobank Transnational Inc. (ETI), the parent company of the Ecobank Group, the largest pan-African banking group by geography, with presence in 32 countries, is pleased to announce the 100% acquisition of Oceanic Bank International PLC, following approvals...

    • Posted October 25, 2011
    • 1
  • Oceanic Bank Shareholders Approves ETI merger

    Shareholders of rescued Nigeria’s Oceanic Bank on Tuesday approved the planned merger with pan-African banking group Ecobank Transnational Incoporated. At a court-ordered meeting, the shareholders consented to all the proposal brought before them by the board of...

    • Posted September 27, 2011
    • 0
  • Oceanic Aquisition: Combined Entity takes Top Two Position – ETI

    Ecobank  Transnational Incorporated (ETI) has announced further details  regarding the acquisition of Oceanic Bank Plc. ETI which signed a Transaction Implementation Agreement in relation to the acquisition and recapitalisation of Oceanic Bank said that the business combination would lead to the...

    • Posted September 17, 2011
    • 0
  • Ecobank to buy 100 pct of Oceanic Bank

    Nigeria’s Oceanic Bank said on Monday it will transfer 100 percent of its share capital to pan-African lender Ecobank Transnational Incorporated (ETI) and merge its operations with ETI’s local unit in a bid to recapitalize ahead of...

    • Posted September 13, 2011
    • 0
  • Oceanic Bank to transfer 40.17 pct to Ecobank

    Nigeria’s rescued lender Oceanic Bank said on Friday it would seek shareholders’ approval for the transfer of 40.17 percent of its holdings to Ecobank Transnational Incoporation , which it signed a merger deal with last month. In a...

    • Posted September 2, 2011
    • 0
  • Merger: Oceanic Signs TIA with Ecobank

    OCEANIC Bank Plc has recorded a milestone in its recapitalisation process, following the signing of Transaction Implementation Agreement (TIA) with Ecobank Transnational Incorporated (ETI). When completed, the merged bank would become the third largest in the country....

    • Posted August 1, 2011
    • 0
  • Oceanic Bank of Nigeria Advances on Possible Takeover by Diamond Bank

    Oceanic Bank International Plc (OCEANIC), a Nigerian lender rescued by the central bank in 2009, rose the most in almost nine months after Diamond Bank Plc (DIAMONDB)’s finance chief said it was in “tentative” talks to acquire...

    • Posted July 19, 2011
    • 0