He acquired the bank with a sum of 450,000 (N224,807,905.44).
He recalled:
Deering plans to turn the building of the bank into a mixed retail and residential unit.
In other business news, Nhlanhla Nciza is one proud mommy after her son achieved a major goal.
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The 18-year-old is the owner of Legends Barbershop franchise in Rosebank.
Taking to Instagram to celebrate the achievement, his doting mom posted:
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Adam Deering bought the bank that refused him loan of £10,000 17 years ago. Photo credit: @adam_deering/InstagramSource: UGC
