Access Bank Plc on Monday debunked reports that it plans to sack 75 per cent of its workforce and as well close more than 300 branches.
The bank in a statement signed by the Company Secretary, Mr Sunday Ekwochi, obtained from the Nigerian Stock Exchange website described the news as malicious and a distraction from the genuine and compassionate plan to protect its workers and help keep jobs in the unfolding macroeconomic environment.
According to the bank, it has neither applied for this nor obtained the approval of the CBN for the closure of its branches as widely speculated.“At the onset of the COVID-19 pandemic lockdown, we suspended in-branch operations at different locations as directed by the CBN and in line with business continuity plans at vulnerable spots; whilst we continued to provide services through our alternative digital platforms.
“We deny in its entirety the baseless and twisted speculation that the bank is sacking 75 per cent of its workforce,” said the statement. “This has made it impossible for many of our outsourced workers to perform duties as usual.“We have commenced engagement with various stakeholders with a view to ensuring that they provide the relevant services and optimum manpower as may be required by the bank on an on-going basis,” it added.
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.
Access Bank denies plan to sack 75% workforce, close branches“We deny in its entirety the baseless and twisted speculation that the bank is sacking 75 per cent of its workforce.” AccessBankPlc NigerianBanks Banks Nigeria
Read more »
Access Bank denies plan to sack 75% workforce, close branches – Daily TrustAccess Bank Plc on Monday denied news making rounds that it would sack 75 per cent of its workforce and as well close over 300 branches. The bank denied this in a statement signed by Mr Sunday Ekwochi, its Company Secretary, posted on the Nigerian Stock Exchange (NSE) website. It said the closure of a …
Read more »
COVID-19: Access Bank restructures salaries, operationsAs businesses worldwide take a hit as a result of the COVID-19 pandemic, Access Bank has informed employees that it will be implementing
Read more »
Lockdown: Lagos Police Yet To Release 65 Arrested Persons, Deny Them Access to Lawyer | Sahara ReportersLockdown: Lagos PoliceNG Yet To Release 65 Arrested Persons, Deny Them Access to Lawyer | Sahara Reporters Elkana, who also claimed to be a lawyer, said that the police will not release the suspects even though they have remained in... READ MORE:
Read more »
COVID-19: Buhari begs IMF, World Bank to cancel Nigeria's debtsPresident Muhammadu Buhari has urged international financial institutions to assist member states in cushioning the negative impact of the...
Read more »
Fidelity bank holds AGM, grosses N6.6bn in Q1 2020Fidelity Bank has reassured that it will continue to take measures that will ensure the safety of customers, staff and other stakeholders during this period.
Read more »