Home BUSINESS First Atlantic Bank acquires Energy Commercial Bank?

First Atlantic Bank acquires Energy Commercial Bank?

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First Atlantic Bank acquires Energy Commercial Bank?


JoyBusiness is reliably informed that First Atlantic Bank has reached an agreement to acquired Energy Commercial Bank.

Sources say the “agreement in principle” was finalised last week with the board of First Atlantic Bank not objecting to the acquisition. 

JoyBusiness is learning that a final agreement could be reached this week, in terms of securing the firm approval from shareholders to close the deal.

The deal is, however, subject to also securing the approval from the Bank of Ghana. 

More soon…





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