Bank PHB is one of the banks presently in the market to raise money to beef up their capital base. The bank is raising N85 billion through an initial public offering at N17 per share. In this interview Managing Director/Chief Executive of the bank, Mr. Frances Atuche explained facts behind the offer especially the desire of the bank to go continental and become one of the top ten banks in Africa in an interview with Babajide Komolafe. Furthermore, he maintained that notwith-standing the various offers in the market, the initial public offer of Bank PHB offers the best opportunity for good returns.
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