• 2011 :
Keystone Bank was granted banking license on August 5, 2011, by the Central Bank of Nigeria (CBN). On the same day, CBN revoked the banking license of Bank PHB. Keystone Bank assumed the assets and some liabilities of the now defunct Bank PHB.
Keystone Bank is a full service commercial bank wholly owned by the Asset Management Corporation of Nigeria (AMCON).
• 2011 : Global Bank Liberia is a private commercial bank. It was granted a banking license by the Central Bank of Liberia on February 10, 2005. In January 2009, the ownership of Global Bank Liberia Limited (GBLL) was transferred to Platinum Habib Bank(Bank PHB). The new corporate entity was known as Global Bank PHB, between 2005 and 2011. When Bank PHB in Nigeria collapsed in August 2011, its interest in Global Bank Liberia was assumed by Keystone Bank Limited.
• 2013 :
KBL Insurance Limited was incorporated on January 17, 1994 as K Shieldhold Insurance Company Limited and started business the same year.
Following the acquisition of majority shareholding by a group of investors in December 1998, the name of the company was later changed to Guardian Trust Insurance Company Limited (GTI).
Again, during the insurance industry consolidation/recapitalization exercise, former Bank PHB Plc acquired majority shareholding and consequently the name of the company was changed from Guardian Trust Insurance to Insurance PHB Limited on May 19, 2007.
On September 4, 2013, the company has undergone a rebranding process, and changed its name to KBL Insurance Limited on September 4, 2013.
• 2013 : Bank PHB Sierra leone has successfully changed its brand and name to Keystone