• Friday, April 19, 2024

Business

Gupta banks on Nigeria deal for Brexit trade ties

By: Eastern Eye Staff

DIAMOND ADDITION WILL HELP GPG ACCESS COMMONWEALTH MARKETS BRITISH INDIAN entrepreneur Sanjeev Gupta has struck a deal with Nigeria’s Dia­mond Bank Plc to acquire its UK-regulat­ed banking subsidiary, Diamond Bank (UK) Plc. The bank, which will be renamed British Commonwealth Trade Bank (BCTB), aims to strengthen trade with developing econo­mies, particularly within the Commonwealth. “The acquisition of BCTB, with its par­ticular global networks, breadth of experi­ence and specialist expertise in developing economies, will enable us to focus on a very different market gap; providing tailor-made financial solutions that enable UK busi­nesses to access specific fast-growing mar­kets, especially within the Commonwealth,” Gupta…

You do not have access to this content. You need to subscribe.

Related Stories

Videos

Mrunal Thakur on Dhamaka, experience of working with Kartik Aaryan,…
Nushrratt Bharuccha on Chhorii, pressure of comparison with Lapachhapi, upcoming…
Abhimanyu Dassani on Meenakshi Sundareshwar, how his mom Bhagyashree reacted…