Following continuous loss of jobs by Nigerians in this recession period. Ecobank Nigeria has come out to confirm the closure of its 74 branches nationwide. Mr. Charles Kie MD/CEO Ecobank while speaking states the bank’s commitment towards digital transformation. The bank has promised to deploy staffs of the affected branches nationalwide to other emerging projects.
Still on the road to digital transformation by Ecobank, Mr Charles narrates the benefits of the transformation for customers as it will enable them carryout banking activities online, as the need of visiting bank location will not be needful, also it will improve customers’ experience at reduced cost. This, he said, also supports the bank’s financial inclusion strategy and the cashless policy of the Central Bank of Nigeria.
The MD made some report on the banks recent upgrade on its retail internet banking platform with the Ecobank mobile app that enables customers to do instant payments, open accounts, as well as do instant transfers across 33 countries in Africa. “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 optimize 74 out of its 479 branches,” Kie said.
Nigerians and customers of the bank where expecting an update on the recent 50 top personnel staff that was dismissed from the bank. He concluded by saying “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.

An immediate response on the digital transformation by the bank is accepted to resurface soon.
https://ogafinance..com.ng/2017/05/ecobank-nigeria-shuts-down-74-branches.html