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The completion of the legal and regulatory procedures and obligations has resulted in the accomplishment of amalgamation amid First City Monument bank (FCMB) Plc and FinBank Plc on Monday.
The unification strategy involving these establishments was fueled after the Federal High Court in Lagos endorsed the proposal in previous week.
Subsequent to the end of the amalgamation plan, these two banks will completely combine and commence business as a joint unit. Moreover, this single amalgamated entity will have an expanded and strong infrastructure.
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