Nigeria: Intercontinental Bank Opens London Office

7 September 2008

Lagos — Intercontinental Bank Plc, one of Nigeria's most prominent financial institutions, will Tuesday open its first European office located in London. The opening marks the bank's continued international expansion that began in 2006 with opening of Intercontinental Bank Ghana Limited and is set to include every continent.

"The opening of Intercontinental Bank's London office the first outside of the African continent- signals our continued commitment to emerging as one of the top 100 banks in the world," said Group Chief Executive for Intercontinental Bank, Dr. Erastus Akingbola. "Our London subsidiary will enable Nigerians, other nationals and organizations within and outside of the United Kingdom to execute seamless financial transactions in the UK."

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