Key Milestones

1990 Diamond Bank Limited was founded
1991 Diamond Bank formally opened for business
1992 Introduced Nigeria's pioneer virtual banking platform- The Diamond Integrated Banking Services (DIBS)
1996 - Introduced the Diamond Savings Gold Card which availed customers access to their funds in any Diamond Bank branch nationwide.
- Introduced the Diamond Connect, which gave customers remote access to their accounts via personal computers.
- Introduced Nigeria's pioneer electronic purse product- the Diamond PayCard.
1999 - Migrated to the FLEXCUBE banking application platform
- Introduced the Diamond Bank Dial Account, which provides customers access to their accounts through the telephone.
- Commenced the Annual Free Eye Surgical Expedition in Partnership with The Eye Foundation Hospital, Lagos.
- Introduced a code of conduct handbook which contains ethical principles and code of conduct for staff - an industry precedent.
2001 - Established first overseas subsidiary, Diamond Bank S.A., in Contonou, Benin Republic.
- Adoption of the universal banking structure.
2004 - Joined the ATM Consortium (ATMC), giving customers access to ATMs nationwide
- Executed a successful Private Placement that shot up its capital base to N19 billion.
2005 - Converted to a Public Limited Company (PLC) on February 28,2005
- Listed on the Nigeria Stock Exchange (NSE) on May 27, 2005
- Acquired Lion Bank of Nigeria PLC - increased the branch network by 22, predominantly in the North
- Initial Public Offering of 1,000,000,000 Ordinary shares of 50 Kobo each N6.8 per share (Offer opened August 15 and closed September 12, 2005)
- Executed a re-branding of the Diamond Bank identity in November 2005
2006 - Secured CBN's approval to continue banking business after a successful consolidation
- Established Diamond Pension Funds Custodian Limited (Diamond PFC)
- Acquired ADIC Insurance Limited
- Entered into external reserves management agreement with Crown Agents Investment Management (CAIML)
2007 - Acquired a mortgage company, rebranded Diamond Mortgages Limited.
- Promoted Aspire Nigeria, along with Shell Nigeria and Grofin South Africa, in support of SMEs' growth in Nigeria.
- Upgraded banking IT platform from Flexcube 4.6 to 6.6 version.
- ACTIS-led equity investment of $134m and strategic partnership in support of the Bank's growth plans.
- Won the 'Best Bank in Merger & Acquisition' at the ThisDay Awards on February 24, 2007.
- Raised additional $500m equity capital through Global Depository Receipts (GDR) offering.
2008 - Listed GDR on the Professional Securities Market (PSM) of London Stock Exchange (LSE) on January 10, 2008.
- Voted 'Most Improved Bank of the Year' at the ThisDay Awards
- Launched Diamond Life Campaign, an integrated communication of all the Bank's products and services as Saving Money, Borrowing, Channels & Transactions, Living Life, and Doing Business.
- Bagged 'Deal of the Year' award from the Trade Finance Magazine, London.
- Launched SavingsXtra Reward Campaign
- Launched Diamond Visa Credit Card, the first 'Naira denominated Credit Card' in Nigeria
2009 - Voted 'Nigeria's Bank of the Year' at the ThisDay Awards
- Gave away N50 million, the biggest prize money in Nigeria's history to a customer in the SavingsXtra Reward Campaign.
- Appointed Primary Dealer of Federal Government Nigeria Bonds by the Debt Management Office (DMO).
2010 - Inaugurated the Diamond Bank Award for Excellence in Financial Reporting
- Launched the Naija Diamonds Series in collaboration with the Inspire Africa to celebrate the unsung heroes of Nigeria.
2011 - Officially commenced operations in three Francophone West African countries - Togo, Senegal and Ivory Coast
- Celebrated its 20th anniversary of operations -providing excellent financial services.- Appointed a partner bank by the Nigerian Content Development Monitoring Board (NCDMB)
- Named Best Credit Card Bank at the 11th Card, ATM and Mobile Expo Africa 2011
2012 - Named Best Online Bank in Nigeria
- Named Best Oil and Gas Investment Company 2012, Africa by London-based World Finance Magazine
- Named Best Credit Card Bank at the 11th Card, ATM and Mobile Expo Africa 2012
2013 - Named Best Oil and Gas Investment Company 2013, Africa awarded by London-based
- World Finance Magazine
- The Bank's first non-African subsidiary &Diamond Bank UK Ltd -was launched.
2014 - The Bank raised N50bn in a highly successful rights issue exercise.
2015 - Uzoma Dozie, current CEO, completes his first full year in charge of the Bank and implements retail-led strategy
2016 - The Bank successfully restructured to better support its retail strategy and to enhance its client proposition

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