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.