{"id":12832,"date":"2017-05-04T14:18:52","date_gmt":"2017-05-04T13:18:52","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=12832"},"modified":"2017-05-04T14:18:52","modified_gmt":"2017-05-04T13:18:52","slug":"branch-reductionecobank-may-sack-more-workers","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/branch-reductionecobank-may-sack-more-workers\/","title":{"rendered":"Branch Reduction:Ecobank May Sack More Workers"},"content":{"rendered":"

As part of its re-engineering drive to close some branches, Ecobank may have resolved \u00a0to lay-off more of its workers.<\/p>\n

Considering the arrangement at hand, Ecobank is to step up its digital platforms as part of measures to cut cost and ensure efficiency.<\/p>\n

In an interactive session with Reuters on the sidelines of the World Economic Forum for Africa in Durban, Chief Executive Officer Ade Ayeyemi explained that the bank\u2019s plans to expand its mobile platforms would help deliver profits.<\/p>

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\u201cThis means reducing our branch network, using technology to deliver to customers and processing transactions centrally. We believe that this business model can deliver profitability to our shareholders,\u201d said Adeyemi, adding that expansion into online platforms would lead to lay-offs.<\/p>\n

In Nigeria, Ecobank has concluded plans \u00a0to merge 74 branches across the country. With the merger, Ecobank now boast of 405 branches across the country supported with \u201ctop of the range technology application.<\/div>\n
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As part of its re-engineering drive to close some branches, Ecobank may have resolved \u00a0to lay-off more of its workers. Considering the arrangement at hand, Ecobank is to step up its digital platforms as part of measures to cut cost and ensure efficiency. In an interactive session with Reuters on the sidelines of the World …<\/p>\n","protected":false},"author":11,"featured_media":12833,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[17],"tags":[814],"coauthors":[2392,2393],"class_list":["post-12832","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news","tag-ecobank"],"yoast_head":"\nBranch Reduction:Ecobank May Sack More Workers - National Wire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/branch-reductionecobank-may-sack-more-workers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Branch Reduction:Ecobank May Sack More Workers - National Wire\" \/>\n<meta property=\"og:description\" content=\"As part of its re-engineering drive to close some branches, Ecobank may have resolved \u00a0to lay-off more of its workers. 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