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Diamond Bank

Business Directory » Banking / Finance » Microfinance Banks

Image:  Diamond Bank Logo



Diamond Bank Plc began as a private limited liability company on March 21, 1991 (the company was incorporated on December 20, 1990). Ten years later, in February 2001, it became a universal bank. In January 2005, following a highly successful Private Placement share offer which substantially raised the Bank's equity base, Diamond Bank became a public limited company. In May 2005, the Bank was listed on The Nigerian Stock Exchange. Moreover, in January 2008, Diamond Bank's Global Depositary Reciepts (GDR) was listed on the Professional Securities Market of the London Stock Exchange. The first bank in Africa to record that feat.

Today, Diamond Bank is one of the leading banks in Nigeria* - respected for its excellent service delivery, driven by innovation and operating on the most advanced banking technology platform in the market. Diamond Bank has over the years leveraged on its underlying resilience to grow its asset base and to successfully retain its key business relationships. And like a diamond, our strength makes us even more valued and valuable. Diamond Bank has won several awards including the prestigious "Nigerian Bank of the Year, 2009", the "Most Improved Bank of the Year, 2007" and "Best Bank in Mergers & Acquisition, 2006" all by the  ThisDay Annual Awards.

We have retained excellent banking relationships with a number of well-known international banks, allowing us to provide a bouquet of world class banking services to suit the business needs of our clients. These international banking partners include Citibank; HSBC Bank; ANZ Banking Group; ING BHF Bank AG; Standard Chartered Bank; Belgolaise Bank S.A; Deutsche Bank; Commerzbank; and Nordea Bank Plc.

In 2008, and to ensure we grow with the needs of our customers, we streamlined our operations into three distinct strategic business segments: Retail banking, Corporate Banking, and Public sector.

Diamond Bank continues to develop and to build on its core competencies. By continually cutting from the rough, we have improved our services and our banking facilities. Like cutting from a rough gem to create a diamond of the finest quality, we are proud to have become a gem of a bank.


One of Nigeria’s leading banks with strong offerings in retail, corporate and public sector banking, as well as insurance, mortgage, pension fund administration and investment banking.

We are in a strategic partnership with International Finance Corporation (IFC) who availed the Bank a $20 million facility, dedicated specifically to support the growth of African Micro, Small and Medium Enterprises (AMSME) lending in the country. 

The first Nigerian bank to operate in the Francophone West Africa with strong presence in the Republic of Benin.

Actis invested N17 billion in equity in Diamond Bank in 2007, a transaction adjudged as the largest single private equity investment made in Nigeria by foreign investors.

In 2009, we were rated A- by Fitch, A+ by Agusto and A by GCR, reflecting the bank’s sustainable liquidity, sound and professional practices and good standing as a high investment grade institution. 

1st African company/Bank quoted on the Professional Securities Market of the London Stock Exchange. 

We set up a “$30 million Aspire Nigeria Fund” in partnership with Shell BP, dedicated to boosting the growth and development of SMEs in Nigeria. The fund is managed by GroFin, a renowned firm in this regard.

Branch Locations

Branch NameAddressTelephone
Aba, Eziukwu Rd2 EZIUKWU ROAD082-221209; 871644, 225302; 440021
Lagos Island Idumota108 NNAMDI AZIKIWE STREET2641826; 2641005-6; 2660858,7362491
Ph, Trans AmadiPLOT 71 ELEKAHIA INDUSTRIAL ESTATE ROAD084-239685;461069,239689
Isolo, Asa-Afariogun St25 ASA-AFARIOGUN STREET AJAO ESTATE2719735/ 8522337; 7769866
Warri, Sapele Rd84 WARRI-SAPELE ROAD EFFURUN07029547006
Onitsha, New Market Road63A NEW MARKET ROAD046-410407; 410189; 046-410189
Kano, M.M Way36/38 M/MOHAMMED WAY064-973159
Lagos Island MarinaMAMMAN KONTAGORA HOUSE 23A MARINA2646639/2600225-9; 2802238
Ph, 222 Ikwerre Road222 IKWERRE ROAD MILE 3 DIOBU084-796844 (DL)
Apapa, Wharf RoadSAGITTARIUS BLOCK ELEGANZA PLAZA WHARF5978606; 5804605; 5804608
Ikeja, Ladipo Oluwole St.54B ADENIYI JONES AVENUED/L :018938791
Kaduna, 1 Kachia Rd1 KACHIA ROAD SOUTH KADUNA062884640
Garki Abuja, Cba (Uac)N417 UAC BUILDING PLOT 273 CENTRAL BUSINESS AREA09-6282976, 09-7820752
Dei-Dei AbujaBUILDING MATERIAL MARKET09-6712521, 09-6712522
Jos Commercial Area13 COMMERCIAL ROAD07023243120
Head OfficePLOT 1621 ADEOLA HOPWELL01 -2701500
Owerri, Waast Avenue, IkenegbuPLOT 6 WAAST AVENUE, IKENEGBU LAYOUT08023044143
Enugu Garden Av.PLOT 40 GARDEN AVENUE042-259625 D/L; 042-259624-3 S/B
Onitsha, Ph Road36 PORT HARCOURT ROAD FEGGE046-216411, 211098; 216971
Maiduguri Main Branch, Baga RoadN.S.I.T.F. BUILDING 20 SHEHU LAMINU WAY076-342231/342130 Or 342136
                                                                          Diamond Bank head quaters lagos
                                                                               Diamond Bank head quaters lagos

                                                                          DIAMOND BANK BUKURU JOS

                                                                                     DIAMOND BANK BUKURU JOS


Diamond Bank operates several subsidiary companies, based in Lagos, Nigeria, except where indicated:

  • Diamond Capital Limited
  • Diamond Pension Funds Custodian Limited
  • Diamond Mortgages Limited
  • ADIC Insurance Limited
  • Diamond Bank Benin - Based in Cotonou, Benin

Under the International banking license that Diamond Bank Plc. has applied for in Nigeria, the bank plans to divest from all non-bank subsidiaries and retain shareholding only in Diamond Bank Benin.



Diamond bank offers a whole range of individual products and services for people that have specific needs.

These products and services are designed in such a way to suit and meet the specific needs of our customers and prospective customers alike.

Retail Banking

The Retail Services Group has been established mainly to facilitate the provision of services that address some essential service needs of the Bank’s various clients.

The Group's responsibilities include the design and management of very strong electronic services delivery channels and consumer banking products/services.

The Group focuses on the provision of superior range of value-adding financial products and services that promote the achievement of a strong leadership position in consumer banking and the provision of electronic banking services.

Diamond Bank offers a whole range of individual products and services for people that have specific needs. These products and services are designed in such a way to suit and meet the specific needs of our customers and prospective customers alike.

Please click on any of the products or services below for more information

  • Cheque Accounts
  • Savings Accounts
  • Investments
  • Loans & Overdrafts
  • Electronic Services
  • Foreign Exchange Services
  • Money Transfers
  • Visa Credit Cards

Corporate Banking

The Corporate Banking Directorate focuses on the development and management of business relationships with multinational and local large corporations in Manufacturing, Oil and Gas, Specialized Industries and Financial Institutions.

The Directorate is building its business on a clear understanding of clients' business operations and requirements, and is driven by innovative thinking to guarantee the provision of creative solutions to its clients’ business problems. The objective is to establish strong and enduring relationships


  • Oil and Gas
  • Power
  • Manufacturing
  • Telecommunications
  • General Trading
  • Logistics

Groups under the Directorate

  • World Corporate Division with offices in our branches at Victoria Island, Ikeja, Apapa and Abuja
  • Energy Group with offices in our branches at Victoria Island and Port Harcourt
  • Financial Institutions Group with offices in our branches at Victoria Island, Marina and Abuja


  • Structuring of international trade transactions for importing multinationals and large indigenous corporate companies
  • Bespoke loan structures for specific needs of companies
  • Project finance (short, medium and long term)
  • Corporate finance especially relating to accessing the capital market and capital debt/equity structures
  • Funds management for companies by way of investment in money market instruments and other suitable outlets
  • Energy (Oil & Gas and Power) transactions in both the downstream and upstream sectors


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

Business Banking

The focus of our Business Banking is the development and professional management of mutually beneficial business relationships with small, medium and fairly large-scale business enterprises, as well as high net-worth and medium income individuals.

We offer the full range of commercial products and related services to our customers, including transaction services and investment accounts/instruments, lending, cash management, trade and financial advisory services, through our branches nationwide.
The overall objective is to consistently meet customers’ expectations through various value-adding product offerings and service delivery channels.

At Diamond Bank Plc we understand that certain businesses require specific attention. Our Business Banking is responsible for catering for the banking needs of Tertiary institutions, State Governments; and Companies that are not multinationals but have large monthly business turnover.

We offer convenient products and services to meet their business needs.

  • Chequing Accounts
  • Savings Accounts
  • Money Transfer
  • Investments
  • Loans
  • Electronic Services
  • Foreign Exchange Services
  • Cash Management Services

Public Sector Banking 

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
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:

    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


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


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