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Oceanic Bank Commends Customers

Comms Week31 Aug 20090 Comments
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John Aboh, chief executive officer, Oceanic Bank International Plc has expressed his appreciation to the bank’s customers for keeping faith with it in the face of recent developments in the…

John Aboh, chief executive officer, Oceanic Bank International Plc has expressed his appreciation to the bank’s customers for keeping faith with it in the face of recent developments in the banking industry.
He said the management of the bank was impressed with the loyalty and confidence by customers, expressing “we are indeed happy that our customers did not engage in any panic measure but went about their normal transactions as usual.”
Aboh assured customers that the new management will reciprocate the good gesture by working round the clock to exceed stakeholders’ expectations by turning around the bank to deliver superior value to its customers and profit to the shareholders in a short period of time.
Aboh said the change in management was in the interest of the customers and stakeholders pointing out that the concern for the safety of deposits by customers and other stakeholders was the motive behind the re-engineering processes going on in the banking industry.
Aboh disclosed that Oceanic Bank would still grant credit to its customers, saying  the bank’s lending activities will continue because it will engage in its usual banking services, but all loan applications will follow due process. If a loan application meets our risk acceptance criteria, it will be granted. According to him, “the new leadership is committed to introducing new initiatives, ideas, products, unique services that will enhance the profile and the ability of the bank to add greater value to its esteemed customers, both individual and corporate”.
He promised that the bank management will give the CBN maximum cooperation in the bid to retrieve all the bad loans incurred by the bank in the past.

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