Access Bank Denies Closing Down 340 Of Its Branches

NEWS - Posted on: 3rd May. 2020 at 11:02PM

Access Bank Plc has debunked the news going around that it is shutting 340 branches nationwide.



The Media Relations officer, Mr Abdul Imoyo, the report on many social media platforms is false and misleading.



Clearing the air, he said, “branches were closed at the onset of the COVID-19 lockdown" and that the branches will be reopened in a phased approach and with adherence to physical distancing guidelines.



According to him: “We advised the public when we closed over 540 branches (60 left to operate) in response to our business continuity plan for crisis of this nature. This was further buttressed by the Lagos State and subsequently the FGN’s stay-at-home or work from home order. With the proposed lifting of that order from May 4th, we recognise that the threat of the virus is still out there and are planning to do a phased opening of the branches. So yes an additional 200 branches (bringing the total to 260) would be opened in the first phase. The staff at the frontline are also people’s sons, daughters, wives, husbands e.t.c and we have to be very mindful how we expose them. So staff would also be rotated. We have however made arrangements to pair the branches so customers whose branches are yet to be opened can be served from an alternate branch and those messages are going out to customers over this weekend and by Monday.”



However, this report did not address the issue of staff reduction which is also making the rounds on social media. We hope that such will be addressed in due time as the CBN has come out with a statement that Banks should not sack any of its workers without approval from the governing body.



Written by Emdee David.

Posted by: Emdee David

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