Public Sector Banking print

Our Public Sector services are directed mainly at meeting specific needs of Federal and State Governments and their institutions and agencies.

Our Public Sector services are directed mainly at meeting specific needs of Federal and State Governments and their institutions and agencies.
We have a dedicated team of bankers with specialized skills in public sector finance to manage relationships.

The service offering includes current (expenditure) account services, revenue collection and management services, privatization, project management, management and payment of pensions, letters of credit for public enterprise/ministries, and government contract financing.

Public Sector business focuses on rendering comprehensive financial services to Federal Government Ministries and Parastatals, Embassies and Foreign Missions, Development Finance Institutions, and Financial Sector and other Regulatory Institutions. In addition, the Directorate is responsible for Government-related revenue collections.

Our Customers
Federal Government
Federal and State Ministries
Federal and State Revenue Collections
National/State Assemblies
Judiciary
Parastatals
Government Agencies
Public Service Bureau
Military, Police, Customs, Prison and other Formations
Embassies and Foreign Missions
Universities and Teaching Hospitals
Public Pension Funds Institutions
Development Finance Institutions
Financial Sector and Other Regulatory Authorities
Individuals/Organizations that make various statutory payments to Government

Our Products and Services

We offer the following services to our clients:

  1. Financial Services - Collections

    Diamond Bank manages collections of duties, levies and duties for the following Government agencies:

    PHCN, NITEL & MTEL
    All the above mandates fall under utilities. These are compulsory payments by corporate bodies & individuals on a monthly basis for enjoying the services provided by the above institutions.

    Nigerian Export Supervision Scheme (NESS)
    This mandate is from Customs Service which appointed Diamond Bank to collect administrative fees on all non-oil exports

    National Maritime Administration & Safety Agency
    NIMASA appointed the Bank to collect NMA 3% FCY denominated levy from shipping companies whose vessels call at the Tincan Port in Lagos. We also have their Naira and Sundry Income Collections

    National Inland Waterways Authority (NIWA)
    This mandate allows the Bank to collect dues paid to the above Authority by shipping/boat companies for the use of inland waterways.

    Nigerian Tourism Development Corporation (NTDC)
    It is paid by companies in the hospitality and tourism business. Eg. Renewal/Registration of restaurants & hotels.

    Nigerian Tourism Development Corporation (NTDC)
    This is paid by companies in hospitality and tourism business

  2. Tax Payments

    Nigerian Ports Authority (NPA)
    The following taxes are payable at any of our branches nationwide:

    • Capital Gains Tax
    • Company Income Tax
    • Education Tax
    • Pay As You Earn
    • Personal Income Tax
    • Pre-Operational Levy
    • Stamp Duties
    • Value Added Tax
    • Withholding Tax
    • Stamp Duties

OTHER SERVICES

  • Chequing Accounts
  • Investments
  • Loans
  • Electronic Services
  • Foreign Exchange Services
  • Money Transfers

For further enquires, please call our 24/7 Contact Centre on 0700-300-0000. You can also send an email to This e-mail address is being protected from spambots. You need JavaScript enabled to view it or visit any Diamond Bank Branch near you.

[back to top]

 

How may we help you?

Contact Us:

Email: complaints@diamondbank.com
enquiries@diamondbank.com

Telephone:

0700-300-0000