Standard Chartered Bank confirms closure of Nigerian branches

0
462

Standard Chartered Bank has confirmed the closure of 50 percent of its Nigerian branches.

On Tuesday, it was reported that the United Kingdom-based banking group would cut branches in Nigeria and focus more on digital banking.

In a statement made available to newsmen yesterday, Dayo Aderugbo, head, corporate affairs, brand and marketing, Standard Chartered Bank Nigeria Limited, assured employees that there would be no job losses.

“We have continued to retrain and redeploy staff who are impacted by the closure of the branches in Lagos and Abuja. This closure will not impact any staff in 2022,” the statement reads.

The bank explained that the branch closures were part of the digitisation journey to optimise processes, operating channels, products and service solutions to suit the demands of clients.

“Our digital banking proposition is designed to enhance the experience of our customers who are progressively exploring and demanding simpler, faster, efficient, and more convenient ways of banking at the touch of a button from the convenience of the mobile devices,” the statement adds.

“The closures are also driven in response to changes in customer transaction behaviour.



READ ALSO! Nigerian Central Bank Approves Disbursement Of Loans For Creative Industries At 9%

READ ALSO! Tony Elumelu To Empower 1,000 Northern Entrepreneurs With $5000 Each

READ ALSO! How To Empower Yourself And Generate Income From Mutual Funds

READ ALSO! Is N-Power Truly Empowering Nigerian Youths?

READ ALSO! How Nigerian Govt Can Lift 100million People Out Of Poverty — Tony Elumelu

READ ALSO! TraderMoni: Poverty Alleviation Or Political Leverage?

READ ALSO! Is N-Power Truly Empowering Nigerian Youths?

READ ALSO! Gtbank 737 Disservice: How to Kick Your Customers in the Butt!

READ ALSO! Why The North Remains Headquarters Of Poverty In Nigeria — Kingsley Moghalu

READ ALSO! The Love Of Your Life Is An Illusion: It Doesn’t Exist Anywhere!