Bank PHB and Spring Bank have commenced the process of merging into one institution that would be one of the top banks in the country. It would be recalled that Bank PHB acquired Spring Bank last year ...

Justice Lateefa Okunnu of Ikeja High Court has fixed September 16 for Professor Pat Utomi to give further evidence in the on-going case involving former Managing Director of Bank PHB, Francis Atuche, ...

Ayokunnunmi, who stood as a witness of the Economic and Financial Crimes Commission (EFCC), said this on Thursday during the criminal trial of Francis Atuche, Managing Director of defunct Bank PHB Plc ...

Gross Earnings of Platinum Habib Bank (Bank PHB) in three months to September 30, 2008 hit a high of N35 billion, more than twice the earnings of N15 billion it made in the same period of its ...

Some shareholders of the defunct Bank PHB Plc have sued the Central Bank of Nigeria (CBN) at the Federal High Court in Lagos over the alleged illegal transfer of their shares to Keystone Bank without ...

The erstwhile International Bank for Commerce (IBC) has been rebranded to its successor Bank PHB, which is an extension of a leading financial institution in Nigeria's banking industry. The new brand ...

A Lagos High court, Ikeja, heard on Monday that the loan totalling about N25.7 billion for which the former managing director of the defunct Bank PHB, Mr. Francis Atuche, is facing trial was approved ...

The management and staff of Keystone Bank under the leadership of Philip Ikeazor and Jacobs Ajekigbe as Managing Director and Chairman respectively, have a lot on their hands to handle. This is as ...

There was a tense atmosphere in an Ikeja High Court on Wednesday night as Francis Atuche, a former Managing Director (MD) of Bank PHB, begged Justice Lateefa Okunnu not to send him to prison following ...

LAGOS (Reuters) - Profits at Nigeria's Bank PHB were squeezed in its first nine months by the costly expansion of its branch network and its margin loan exposure but should pick up in the fourth ...

The suit against Atuche, his wife, Elizabeth and the bank’s Chief Financial Officer, Ugo Anyanwu was instituted by the Economic and Financial Crimes Commission (EFCC) which accused them of stealing ...

LAGOS, Nov 19 (Reuters) - Nigeria's Bank PHB said on Friday it was in talks with a consortium of potential suitors led by a bank which could lead to its recapitalisation. "The board of directors ...