Saturday, 21 July 2007

Nigeria's Intercontinental Bank eyes acquisitions

(Reuters) - Nigeria's largest bank by capital, Intercontinental Bank Plc, may consider buying a smaller institution as long as a deal helps achieve its growth objectives, its chief executive told Reuters.

"The bank is not averse to acquiring other smaller banks, but this will be done in deference to our own growth objectives," CEO Erastus Akingbola said.


Read more at Reuters Africa

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