Tuesday 18 March 2014

Diamond Bank products and services




Products & Services
  • Business Loans
  • Capital Management
  • Cash Management Services
  • Foreign Exchange Services
  • Money Transfer Services
  • Private Services
  • Trade Services
Retail Banking
The Retail Services Group was 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 include:
  • 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 builds 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.
Corporate Services
  • 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
Other Services
  • Chequing Accounts
  • Investments
  • Loans
  • Electronic Services
  • Foreign Exchange Services
  • Money Transfers
Business Banking
The focus of Diamond Bank's 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.
It offers the full range of commercial products and related services, including transaction services and investment accounts/instruments, lending, cash management, trade and financial advisory services.
Business Banking caters for the banking needs of Tertiary institutions, State Governments; and Companies that are not multinationals but have large monthly business turnover. Products and services include:
  • Chequing Accounts
  • Savings Accounts
  • Money Transfer
  • Investments
  • Loans
  • Electronic Services
  • Foreign Exchange Services
  • Cash Management Services


Public Sector Banking
Diamond Bank's Public Sector services are directed mainly at meeting specific needs of Federal and State Governments and their institutions and agencies through 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. Products and Services include:
  • Financial Services - Collections
  • Tax Paymentss
  • Chequing Accounts
  • Investments
  • Loans
  • Electronic Services
  • Foreign Exchange Services
  • Money Transfers

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