Lagos - First Bank of Nigeria Limited has completed the acquisition of a 100% equity interest of International Commercial Bank (ICB) Financial Group in West Africa.
The 100% acquisition of the operations of ICB in the West Africa sub-region follows the takeover of ICB Senegal, reports This Day.
First Bank had in 2013 acquired a 100% equity interest in ICB Ghana, ICB Sierra Leone, ICB Guinea and ICB Gambia from the ICB Financial Group.
First bank, through its parent company, FBN Holding Plc has notified the Nigerian Stock Exchange (NSE) of the complete acquisition of ICB West Africa's operations
Read more at This Day.
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