Saturday, 9 August 2014

Diamond Bank partners with MTN to unveil Diamond Y'ello account

The era of mobile telephone banking in Nigeria received a huge boost
on Friday, August 8, 2014, as one of Nigeria's leading banks, Diamond
Bank Plc in partnership with MTN Nigeria, officially unveiled the
"Diamond Y'ello Account" (DYA) in Lagos.

The ceremony which was held at The Wheat baker Hotels, Ikoyi, Lagos
was attended bysenior management of Diamond Bank Plc and MTN.
Continue...

(second photo above)Group Managing Director, Diamond Bank Plc, Dr Alex
Otti; Founder of Diamond Bank and Founding Chairman of MTN Nigeria, Dr
Pascal Dozie andCEO, MTN Nigeria, Mr Mike Ikpoki, unveiling the
Diamond Y'ello Account.

They include the Group Managing Director(GMD) of Diamond Bank Plc; Dr
Alex Otti, CEO of MTN Nigeria; Mr Mike Ikpoki, Acting Chief Marketing
Officer (C.M.O) of MTN Nigeria; Mr Usoro Usoro and the Deputy Managing
Director of Diamond Bank Plc; Mr Uzoma Dozie among others. Continue...

The ceremony which was held at The Wheat baker Hotels, Ikoyi, Lagos
was attended by senior management of Diamond Bank Plc and MTN. They
include the Group Managing Director(GMD) of Diamond Bank Plc; Dr Alex
Otti, CEO of MTN Nigeria; Mr Mike Ikpoki, Acting Chief Marketing
Officer (C.M.O) of MTN Nigeria; Mr Usoro Usoro and the Deputy Managing
Director of Diamond Bank Plc; Mr Uzoma Dozie among others.
From Left photo above: Founding Chairman, MTN Nigeria, Dr Pascal
Dozie; comic act, Afeez Oyetoro, a.k.a Saka, and General Manager,
Consumer Marketing, MTN, Mr Kola Oyeyemi at the formal unveiling of
the Diamond Y'ello Account on Friday, August 8 2014.

The Diamond Y'ello Account is the outcome of an exciting synergy
between Diamond Bank Plc and MTN Nigeria. Diamond Bank will through
this product, provide numerous banking services to Nigerians via the
robust telecommunications platform of MTN.

According to the bank, subscribers on the MTN network will now be able
to open an account, save money, make purchases and even apply for
loans, all through their mobile phones.

The Diamond Y'elloAccount (DYA) is easy to use, as it completely
eliminates the burden and risk of moving around with huge sums of
money.Customers who are registered on the MTN network are
automatically eligible for the service. To open an account, interested
customers will dial *710# and follow the prompts.

Speaking during the formal unveiling of the product, Chairman of MTN
Nigeria, Dr Pascal Dozie, who also doubles as the founder of Diamond
Bank Plc, paid glowing tributes to both companies for partnering to
pioneer a product, which according to him, will change the face of
banking in Nigeria.

He described the collaboration between the two companies asa joint
commitment to excellence, which also aligns with the current financial
policy of the federal government aimed at engendering a cashless
society, managing inflation and promoting socio-economic growth.

The GMD of Diamond Bank Plc, Mr Alex Otti described the Diamond Y'ello
Account (DYA) as a "novel, earth-shaking product".He expressed
confidence that the product will enable the bank to reach out to the
millions of people who do not have a bank account, but are connected
on the MTN network, which is the largest in Nigeria with 58 million
customers.

Also speaking, MTN's CEO Mike Ikpoki expressed delight over the
partnership with Diamond Bank. He expressed full confidence that the
Diamond Yello financial service will ultimately promote a cashless
society, create more jobs and ultimately build a vibrant economy,
powered by technology.

For more information about the Diamond Y'ello Account, please visit
http://www.mtnonline.com /diamond-yello-account

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