The merger that gave rise to Unity Bank Plc was initially between six banks, namely:
o First Interstate Bank Plc
o Intercity Bank Plc
o Pacific Bank Limited
o Tropical Commercial Bank Plc
o CentrePoint Bank Plc and
o Societe Bancaire Nigeria Limited
At the conclusion of the merger and after the birth of Unity Bank Plc, three banks, namely:
New Nigeria Bank,
New Africa Bank and
Bank of the North Ltd,
applied to join Unity Bank, bringing the total to nine (9) banks in all.
Associate Banks Like State Bank of Saurastra & State Bank of Indore have been merged with State Bank of India
Republic National Bank of NY which merged with HSBC on 12/31/1999.
Ecobank merged with several banks over the years, including the merger with the Nigerian bank, Trust Bank, in 2003. Additionally, it acquired the Ghana-based bank, Ghana Commercial Bank, in 2004. Other notable mergers include the acquisition of the West African banking operations of the Bank of Africa in 2005. These mergers and acquisitions were part of Ecobank's strategy to expand its presence across Africa.
Midland Bank was one of the four premier banks operating in the UK. It was taken over by HSBC Holdings plc in 1999 and are merged with the HSBC Bank and operate under the HSBC Bank name.
Wells Fargo merged with Northwest Corporation in 1998. In 2008 Wells Fargo purchased Century Bank and Wachovia.
Which Nigerian Bank Merged to form ECO Bank?
Associate Banks Like State Bank of Saurastra & State Bank of Indore have been merged with State Bank of India
Bank of England, Bank of Scotland, Bank of Finland, Bank of GreenLand, Bank of Holand, Bank of Poland all merged with Wall Street Bank.Bank of Russia, , Bank of China, Bank of Africa, Bank of Canada, Bank of Srilanka, Bank of Rome all merged with Bank of Loss.
Prudent Bank, EIB International Bank, Reliance Bank, Cooperative Bank and Bond Bank.
Bank of Italy merged with Bank of America in 1929 and kept the name Bank of America.
Punjab National Bank acquired or merged with many banks in India during its long tenure but none of the banks were in Karnataka, India. Some of the banks that were acquired by PNB are:Bhagwan Dass Bank - Delhi circleNedungadi Bank - Kerala
RBC Bank, a subsidiary of the Royal Bank of Canada, has undergone various mergers and acquisitions over the years. Notably, it merged with Centura Banks in 2001, which expanded its presence in the southeastern United States. Additionally, RBC acquired the U.S. operations of Georgia-based Flag Bank in 2004. These mergers have contributed to RBC Bank's growth and service offerings in the American market.
Nations bank & Bank America merged in 1997 and Bank of America was formed. In 2004 BOA acquired FleetBoston Financial In 2005 it acquired MBNA In 2007 it acquired LaSalle bank & Countrywide Financial In 2008 it acquired Merryl Lynch
Republic National Bank of NY which merged with HSBC on 12/31/1999.
The two banks have merged and consequently some branches are using the same SWIFT codes.
Ecobank merged with several banks over the years, including the merger with the Nigerian bank, Trust Bank, in 2003. Additionally, it acquired the Ghana-based bank, Ghana Commercial Bank, in 2004. Other notable mergers include the acquisition of the West African banking operations of the Bank of Africa in 2005. These mergers and acquisitions were part of Ecobank's strategy to expand its presence across Africa.
1921: The presidency banks are merged to form a single entity, Imperial Bank of India.1955: The nationalization of Imperial Bank of India results in the formation of the State Bank of India, which then becomes a primary factor behind the country's industrial, agricultural, and rural development.