{"id":17511,"date":"2022-04-09T16:18:11","date_gmt":"2022-04-09T16:18:11","guid":{"rendered":"https:\/\/www.withinnigeria.com\/broadnews\/?p=17511"},"modified":"2022-04-09T16:18:11","modified_gmt":"2022-04-09T16:18:11","slug":"dlm-capital-receives-cbn-approval-to-acquire-links-mfb","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/broadnews\/2022\/04\/09\/dlm-capital-receives-cbn-approval-to-acquire-links-mfb\/","title":{"rendered":"DLM Capital receives CBN approval to acquire Links MFB"},"content":{"rendered":"<header class=\"entry-header\" aria-label=\"Content\"><\/header>\n<div class=\"entry-content\">\n<p>DLM Capital, a Development Investment Bank, has received the final approval of the <a href=\"https:\/\/www.withinnigeria.com\/broadnews\/2021\/11\/27\/the-central-bank-of-nigeria-cbn-plans-to-establish-an-international-finance-centre-in-eko-atlantic-city\/\">Central Bank of Nigeria (CBN)<\/a> to acquire Links Microfinance Bank. The Group Chief Executive Officer, DLM Capital Group, Mr. Sonnie Ayere, disclosed this in a statement on Saturday.<\/p>\n<p>Ayere said the approval would further solidify the group\u2019s much-awaited digital banking entrance and launch.<\/p>\n<p>He said the approval would transition the investment bank as one of the players in the industry that had expanded into a financial institution providing different types of services.<\/p>\n<p>Ayere said the approval would also help to position the bank as a full-fledged financial services institution that would develop and disseminate various financial products and services.<\/p>\n<p>\u201dWe are looking forward to working with all stakeholders, including the CBN to expand financial inclusion to meet the ever-evolving needs of the average Nigerian.&#8221;<\/p>\n<p>\u201dWe sincerely thank the Securities and Exchange Commission and the CBN for their consent and final approval respectively of our MFB acquisition,\u201d he said.<\/p>\n<p>Sonnie also quoted the Managing Director of Links MFB, Mr. Funsho Idowu, as saying that the bank would carve a niche for itself in the market space and has joined the group of digital banks to create loans and investment opportunities.<\/p>\n<p>He said the bank would also support job creation and empower Micro Small and Medium Enterprises (MSMEs) through unhindered access to its financial services.<\/p>\n<p>\u201cThis deal, together with our NDIC insurance, will demonstrate to our customers that they can trust us with their financial needs,\u201d he said.<\/p>\n<p>DLM Capital Group comprises subsidiaries in investment banking, trustees, securities trading, foreign exchange, digital banking, asset management, nominees, and corporate lending.<\/p>\n<p>DLM Capital Group is a Development Investment Bank that provides innovative solutions to economic and social developmental challenges.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>DLM Capital, a Development Investment Bank, has received the final approval of the Central Bank of Nigeria (CBN) to acquire Links Microfinance Bank. The Group Chief Executive Officer, DLM Capital Group, Mr. Sonnie Ayere, disclosed this in a statement on Saturday. Ayere said the approval would further solidify the group\u2019s much-awaited digital banking entrance and [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":17512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"footnotes":""},"categories":[19],"tags":[2973,3955,3956],"class_list":["post-17511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-central-bank-of-nigeria-cbn","tag-dlm-capital","tag-links-microfinance-bank"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>DLM Capital receives CBN approval to acquire Links MFB &#187; BROAD NEWS \u2014 WITHIN NIGERIA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/04\/09\/dlm-capital-receives-cbn-approval-to-acquire-links-mfb\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DLM Capital receives CBN approval to acquire Links MFB\" \/>\n<meta property=\"og:description\" content=\"DLM Capital, a Development Investment Bank, has received the final approval of the Central Bank of Nigeria (CBN) to acquire Links Microfinance Bank. The Group Chief Executive Officer, DLM Capital Group, Mr. Sonnie Ayere, disclosed this in a statement on Saturday. Ayere said the approval would further solidify the group\u2019s much-awaited digital banking entrance and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/04\/09\/dlm-capital-receives-cbn-approval-to-acquire-links-mfb\/\" \/>\n<meta property=\"og:site_name\" content=\"BROAD NEWS \u2014 WITHIN NIGERIA\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-09T16:18:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.withinnigeria.com\/broadnews\/wp-content\/uploads\/sites\/11\/DLM-Capital-Group-Logo.png\" \/>\n\t<meta property=\"og:image:width\" content=\"2219\" \/>\n\t<meta property=\"og:image:height\" content=\"839\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Caleb Ijioma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Caleb Ijioma\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/04\\\/09\\\/dlm-capital-receives-cbn-approval-to-acquire-links-mfb\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/04\\\/09\\\/dlm-capital-receives-cbn-approval-to-acquire-links-mfb\\\/\"},\"author\":{\"name\":\"Caleb Ijioma\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/#\\\/schema\\\/person\\\/4292f97d881ddced6dd70acdf5189fe8\"},\"headline\":\"DLM Capital receives CBN approval to acquire Links MFB\",\"datePublished\":\"2022-04-09T16:18:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/04\\\/09\\\/dlm-capital-receives-cbn-approval-to-acquire-links-mfb\\\/\"},\"wordCount\":298,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/04\\\/09\\\/dlm-capital-receives-cbn-approval-to-acquire-links-mfb\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/wp-content\\\/uploads\\\/sites\\\/11\\\/DLM-Capital-Group-Logo.png\",\"keywords\":[\"Central Bank of Nigeria (CBN)\",\"DLM Capital\",\"Links Microfinance Bank\"],\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/04\\\/09\\\/dlm-capital-receives-cbn-approval-to-acquire-links-mfb\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/04\\\/09\\\/dlm-capital-receives-cbn-approval-to-acquire-links-mfb\\\/\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/04\\\/09\\\/dlm-capital-receives-cbn-approval-to-acquire-links-mfb\\\/\",\"name\":\"DLM Capital receives CBN approval to acquire Links MFB &#187; 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