Keystone Bank |About Us (2024)

ABOUT US
Keystone Bank |About Us (1)

OUR STORY

Corporate History


Keystone Bank |About Us (2)

Founded as Habib Bank Nigeria Ltd

1981

Keystone Bank |About Us (3)

Platinum Bank established

2000

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Habib Nigeria merged with Platinum bank to form BankPHB

2005

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Asset Management Corporation of Nigeria (AMCON) purchased shares of Keystone Bank. BankPHB assets, deposit liabilities and certain other liabilities transferred to newly created Keystone Bank.

2011

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- Effective March 24, 2017, new investors Sigma GolfRiverbank Consortium took over management of Keystone Bank Limited following the completion of AMCON’s divestment from the bank.

- April 1, 2017 saw the set-up of a 5-man transitional board comprising 2 members of immediate past board as Executive Directors to ensure continuity and stability.

- Effective August 15, 2017, a substantive MD/CEO assumed office, marking the successful end of a seamless transition.

2017

Overview
Keystone Bank Limited (“Keystone” or the “Bank”) was granted a commercial banking license in 2011 by the Central Bank of Nigeria (CBN) as a successor bank to the erstwhile Bank PHB.
The Bank currently has 154 branches, in addition to two (2) international subsidiaries and one (1) local insurance company inherited from the predecessor bank. The subsidiaries include: Global Bank Liberia; Keystone Bank, Sierra Leone; and KBL Insurance.

Following the successful completion of AMCON’s divestment from the Bank, a 5-man Transitional Board was set up to oversee the repositioning of the Bank for growth and competitiveness. The transitional arrangement was successfully concluded on August 15, 2017 with the assumption of office of the substantive MD/CEO.

The appointment of a substantive board and executive members marks a major milestone in a seamless transition process, and is a pointer to the focused and professional approach to governance that Keystone Bank is now known for.


Keystone Bank |About Us (2024)

FAQs

What is Keystone Bank known for? ›

Keystone Bank provides a vast array of services to companies of all sizes. From business checking and savings accounts to a range of financing options and cash management solutions.

What are the core values of Keystone Bank? ›

Vision
  • Professionalism. (We deliver quality) ...
  • Passion. (We are highly. ...
  • Integrity. (We do the right thing) ...
  • Team Spirit. (We work collaboratively) ...
  • Innovation. (We champion new ideas) ...
  • Service Excellence. (We are service oriented) ...
  • Effective Corporate Governance. (We follow the rule of law) ...
  • Entrepreneurship. (We take ownership)

Which bank took over Keystone Bank? ›

Keystone Bank assumed the assets and some liabilities of the now defunct Bank PHB. On 22 March 2017, Asset Management Company of Nigeria announced that Keystone bank had been sold to investors for 25 billion naira ($81.5 million). It was sold to Sigma Golf-Riverbank consortium.

Who is the real owner of Keystone Bank? ›

Shortly after the grant of the Commercial Banking License to Keystone Bank, the Asset Management Corporation of Nigeria (AMCON) acquired and held the shares of the Bank until March 2017, when it sold the Bank to the Sigma Golf-Riverbank Consortium (which comprised Sigma Golf Nigeria Limited and Riverbank Investment ...

What is Keystone Bank's rating? ›

Agusto & Co. affirms Keystone Bank's 'B-' rating, with a stable outlook. - Nigeria's First Credit Rating Company.

Why is KeyBank a good bank? ›

The KeyBank Hassle-Free Account doesn't charge a monthly maintenance fee or overdraft fees. The Key Select Checking account is interest-bearing and has a waivable $25 fee. It also offers up to $6 monthly in ATM fee rebates. Depending on which account you have, you may have to pay $3 if you use an out-of-network ATM.

How many branches does Keystone Bank have? ›

Locate Branch or ATM

With over 150 branches nationwide we provide convenient access to banking services.

What do you know about core banking? ›

Core banking can be defined as a back-end system that processes banking transactions across the various branches of a bank. The system essentially includes deposit, loan and credit processing.

What is Keystone all about? ›

Keystone also has two world-class golf courses, renowned downhill mountain biking, horse stables, spas, lake activities and much, much more. But it's still just a place, high above the rest of the world, where going down a snowy mountain is purely for fun.

Who is the new CEO of Keystone Bank? ›

The new Keystone Bank CEO rose from General Manager to a role on the Board of Directors during his long career at Fidelity. Hassan Imam studied economics for his bachelor's degree and obtained two master's degrees, including an MBA.

What Bank is collapsed? ›

Largest Bank Failures
Institution NameFailure DateTotal Assets
Washington Mutual Bank9/25/2008$307,021,614
First Republic Bank5/1/2023$212,638,872
Silicon Valley Bank3/7/2023$209,026,000
Signature Bank3/12/2023$110,363,650
1 more row

What is Keystone Bank formerly called? ›

Overview. Keystone Bank Limited (“Keystone” or the “Bank”) was granted a commercial banking license in 2011 by the Central Bank of Nigeria (CBN) as a successor bank to the erstwhile Bank PHB.

What is the mission of Keystone Bank? ›

Mission Statement

Keystone Savings Bank is dedicated to delivering financial products that provide quality with value pricing. Our goal is to establish successful partnerships with our customers, our staff and our shareholders, that respect the interests and goals of each party.

Who is the manager of Keystone Bank? ›

MANAGING DIRECTOR & CEO

Hassan Imam is the Managing Director of Keystone Bank Limited.

What is the number one bank in PA? ›

What is the most popular bank in PA? In terms of locations and deposits, PNC Bank is the most popular.

What is the largest bank in Pennsylvania? ›

PNC is the largest bank in Pennsylvania, with Pittsburgh serving as the headquarters for PNC Bank's parent company. The bank owns more than 8,400 ATMs. These PNC-owned ATMs, combined with PNC partner ATMs, provide customers free access to about 60,000 ATMs across the U.S.

Is Keystone Bank an international bank? ›

Keystone Bank is a rapidly growing bank currently operating in three countries with an array of local and international relationships across developing and developed countries and territories that matter most to our customers.

What are the three largest consumer banks in the US? ›

Biggest Banks in the U.S.
Rank by Asset SizeBank NameCustomer Count
1.Chase Bank80 million
2.Bank of America68 million
3.Wells Fargo70 million
4.Citibank200 million accounts globally
6 more rows
May 14, 2024

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