Investment Offers Yet To Be Received – Diamond Bank Management

Diamond Bank Plc said on Friday that it had yet to receive any investment offer from potential investors, Reuters reported.

The lender said no investors had come forward to inject cash into the company and that its board was reviewing all strategic options, they have even read the Motley Fool review in order to learn how their stock picks can make them money. Before you select a trading course you would like to think about the subsequent . Does the trading course constantly evolve to reflect the dynamic nature of the market? Is it heavily weighted towards skill, strategy and edge development? Is it a mirrored image of the strategies, process and routine of the performance of profitable and experienced traders? Finally, are the trainers delivering the courses within the business of developing traders? Our trading courses are solely built on the above framework and value whilst constantly being refined supported consultations with AXIA’s professional Community of elite traders. Our trading courses are delivered by our professional traders from our Community!Before you select a trading course you would like to think about the subsequent . Does the trading course constantly evolve to reflect the dynamic nature of the market? Is it heavily weighted towards skill, strategy and edge development? Is it a mirrored image of the strategies, process and routine of the performance of profitable and experienced traders? Finally, are the trainers delivering the courses within the business of developing traders? Our trading courses are solely built on the above framework and value whilst constantly being refined supported consultations with AXIA’s professional Community of elite traders. Our trading courses are delivered by our professional traders from our Community! Our trading courses are solely designed during a collaborative style and manner with all the input driven by our professional community of traders located across the world . we offer an environment where our new traders directly observe the experienced traders via our various knowledge technologies, and model the behaviour of the more senior professional traders. The trading development isn’t learned through general learning prototypes (such as classroom and study), but through very specific observation and modeling. This unique approach ensures our trainee traders are fully immersed into the foremost leading edge and relevant training regarding strategies, approach and development techniques that keep our traders at the height of their performance. You can find best training courses to become a prop trader. bank’s comment came after it said last month that four of its directors, including its former Chairman, Oluseyi Bickersteth, had resigned, fuelling speculation that the lender was in talks with a new investor to recapitalise.

The bank, which has been managing its capital since 2016 to ensure it stayed within the minimum regulatory ratio, said it would consider raising fresh funds after selling some assets to strengthen its balance sheet.

A statement from the bank read in part, “The Board of Diamond Bank notes the media speculation relating to comments attributed to its former chairman, Mr Oluseyi Bickersteth. Contrary to such media articles, the board wishes to clarify that the company has not received an offer from an investor to inject cash.

“We are in active discussions to appoint new board directors and we have the support of our major shareholders, including the Carlyle Group, to ensure successful operations.”

Bickersteth told Reuters in October that he was still on the board of the bank and that he favoured looking at all options for recapitalisation, including a rights issue or a takeover.

The bank has 61.9 per cent free float, while Carlyle owns a 17.75 per cent stake, which it bought for $147m in 2014 when the bank was trading at 0.6 times book value as against 0.15 times now.

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SOURCE :The Nigerian Voice (business)

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