AMCON To Conclude Keystone Bank Sale In 2 Weeks

Asset Management Corporation of Nigeria (AMCON) has said that it will soon conclude the sale of Keystone Bank formerly Bank PHB, the last of the three banks which the bad bank took over in August 2011.

According to the Managing Director and Chief Executive of the bad bank, Ahmed Kuru, the sale of the bank is at the final stage and is expected to be concluded over the next two weeks.

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AMCON had in 2014 concluded the sale of Mainstreet and Enterprise to Skye Bank and Heritage Bank respectively.

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Daniel Enisan is a content writer at With a degree in mass communication, Daniel is a full breed journalist. Daniel is a realist, loves the use of sarcasm, a movie and music junkie. He is also a poet and a good listener.

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