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₦25.3bn Debt: Keystone Bank Takes Over Bacita Sugar Company, Appoints Receiver

₦25.3bn Debt: Keystone Bank Takes Over Bacita Sugar Company, Appoints Receiver …Court Freezes 21 Accounts Linked to KIA Africa Keystone Bank has officially taken over the operations of Bacita Sugar Company, formerly known as Josepdam Sugar Company, following the failure of its parent firm, KIA Africa...

After Court Order, CBN Assures Keystone Bank’s Customers of Stability

After Court Order, CBN Assures Keystone Bank’s Customers of Stability   The Central Bank of Nigeria (CBN) has reassure customers of Keystone Bank Limited that the bank remains safe and fully operational, despite a recent court order forfeiting the bank's shares to the Federal Government.The Central...

CBN Appoints New Keystone Bank Board Directors

The Central Bank of Nigeria (CBN)  has appointed new board directors for Keystone Bank. This move was announced on Wednesday, as part of the apex bank’s strategy to ensure sustained growth for the financial institution.

Alleged Illegal Acquisition: CBN Fires Union, Keystone, Polaris Bank Boards

Alleged Illegal Acquisition: CBN Fires Union, Keystone, Polaris Bank Boards   There are strong indications that the Central Bank of Nigeria (CBN) has finally wielded the big stick on some erring banks in the wake of details of alleged malfeasance that emerged from the report submitted...

New investors take over Keystone Bank

The new investors in Keystone Bank- the Sigma Golf-Riverbank consortium, has taken over the operations of the institution at the weekend. The move followed their unveiling by Asset Management Corporation of Nigeria (AMCON), after the Completion Meeting held on Thursday, attended by the consortium...

AMCON Sells Keystone Bank for N25bn to New Investors

The Asset Management Corporation of Nigeria (AMCON) has announced Sigma Golf Nigeria Limited and Riverbank Investment Resources Limited (the Sigma Golf-Riverbank consortium) as the new investors that have acquired the entire issued and fully paid up ordinary shares of Keystone Bank Limited, formerly BankPHB Plc. This...