|
|
|
|
|
|
|
|
OCEANIC EXECUTES TRANSACTION IMPLEMENTATION AGREEMENT WITH ETI Monday, August 01, 2011 (739 reads)
On July 30, 2011, Oceanic Bank International (“Oceanic” or “the Bank”) signed a Transaction Implementation Agreement (“TIA”), in respect of its re-capitalisation, with Ecobank Transnational Incorporated (“ETI”). This represents an important milestone in Oceanic’s re-capitalisation and both the Board and Management of the Bank are confident that the transaction will be completed before the Central Bank of Nigeria’s (“CBN”) recapitalization deadline of September 30, 2011.
Read More |
|