Report by international newswire, Bloomberg, last week had revealed that the plans are already underway by the bank to close 13 of its 25 physical branches in Nigeria in a move to focus more on its digital banking business.
In a statement that was issued at the weekend, the bank claim that the reduction in branches was an exercise it embarked few years back in a bid to tilt more towards digitisation and the rising demands of their customer base. In the statement that was signed by it head, corporate affairs, Ms Dayo Aderugbo, said, “the branch closures are part of the digitisation journey we embarked a few years ago towards optimizing our processes, operating channels, products and service solutions to suit the demands of our clients.
It added that, the closures are also driven in response to changes in customer transaction behaviour. “We have also witnessed a significant adoption of our digital banking services by customers as most of them continue to prioritize convenient banking over the need to visit any of our physical locations to access our products and services,” he pointed out.
On the impact the cutback on branch network would have on staffs, it said: “the bank prides itself in a forward-looking People Strategy where we proactively plan our workforce needs to fulfil our Business Strategy.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Banditry: Katsina Government Reopens Filling Stations, Cattle Markets In Troubled Areas Five Months After Closure | Sahara ReportersRecall that in August 2021, Masari had ordered the closure of the markets. Government is confused about, the security situation. dan uwarku zamu cigaba dakawo maku shanu kuma dole kusiya kokumutu da yunwa They can't control the bandits they brood
Source: SaharaReporters - 🏆 9. / 63 Read more »
I’m happy Bobrisky was bashed over Oba of Benin comment — Femi Branch - Punch NewspapersThe most widely read newspaper in Nigeria Bros dey chase clout at what age with bob? Okay oO
Source: MobilePunch - 🏆 8. / 63 Read more »
Implement security reports, provide better welfare for ex-servicemen, Saraki tells FGFormer Senate President, Bukola Saraki, has urged the Federal Government to revisit recommendations of the various security summits and harmonise them in order to quickly end the security crisis across the country. Na so them they talk, give him a chance, he will do another thing entirely....ndi ala le le When you were in power what did you do? You politicians are all the same. Toying with the masses
Source: MobilePunch - 🏆 8. / 63 Read more »
Bandits: Zamfara schools resume 20 weeks after closureZamfara State Government, on Sunday, announced the reopening of some primary and secondary schools. The schools would resume today, Monday, January 17. Good news But they say that 'western education is forbidden' while 'an attack on Boko Haram is an attack on the North.' They're reaping what they sow. It's only in Nigeria that the blind lead the clearsighted. But why?
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Katsina govt orders reopening of shut fuel stations, cattle markets'The governor also warned that the government would not hesitate to impose the closure where a resurgence of any dubious activity... What has the closure of market and fuel station achieved Good
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Lagos Government To Shut Marine Bridge, Dopemu Road For Three Months | Sahara ReportersThe partial closure on Marine Bridge was to allow the Federal Government to carry out routine maintenance works on the bridge infrastructure.
Source: SaharaReporters - 🏆 9. / 63 Read more »