Breaking News

74 branches shuts down by Ecobank

Ecobank Nigeria has announced that 74 of its branches have been merged.

It said staff from the merged branches would be deployed to other projects.
Managing Director of the bank, Charles Kie, said the bank hoped to shift its activities to digital channels and improve customers’ experience at reduced cost.

ALSO READ: Gombe ready to pay N56,000 minimum wage – Governor Dankwambo

This, he said, also supports the bank’s financial inclusion strategy and the cashless policy of the Central Bank of Nigeria.

Kie said, “After a detailed analysis of the physical network of branches needed to serve our customers, the decision was made by the Ecobank Nigeria board, and approved by the Central Bank of Nigeria, to optimise 74 out of its 479 branches.”

ALSO READ: How to enable 3G or 4G by force on lenovo and some Android with auto 2g/3g/4g

The statement failed to touch on Thursday’s reports that the bank had terminated the appointment of about 50 top personnel staff.

“We are deploying staff and other resources from the merged branches to other ongoing projects, while also strengthening the existing branches to make them more resourceful and up to speed in their daily activities,” he added.

No comments