‘No Staff Will Be Affected In 2022’ — Standard Chartered Confirms Closure Of Nigerian Branches

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

Dayo Aderugbo, Head, corporate affairs, brand and marketing, Standard Chartered Bank Nigeria, assured employees there would be no job losses.

“We have continued to retrain and redeploy staff who are impacted by the closure of 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.

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

“We have also witnessed significant adoption of our digital banking services by customers as most of them continue to prioritise convenient banking over the need to visit any of our physical locations to access our products and services.

– The Cable

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