What was the former name of Keystone Bank?
Keystone Bank Limited, a prominent commercial bank operating within the Nigerian financial services sector, was originally established under the corporate name Bank PHB, which stood for Bank PHB PLC. Following a major banking crisis and subsequent regulatory interventions by the Central Bank of Nigeria and the Asset Management Corporation of Nigeria to stabilize the national financial system, the distressed institution underwent restructuring, nationalization, and a comprehensive corporate rebrand, emerging under the new name Keystone Bank before being successfully acquired by private investor consortiums.
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