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FCMB Shareholders Approve Acquisition of Finbank

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First City Monument Bank or FCMB shareholders have voted in favour of resolutions to allow the bank to acquire a 100 percent of Finbank Plc. The N6 billion deal, will not only allow the two banks to exist as one business entity within the next 12 months, but will also complete recapitalization of Finbank.

ABN’s Wole Famurewa speaks with Abiola Rasaq, from Vetiva Capital Management, for more on the merger.







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