This emerged as analysts yesterday predicted a wave of mergers among the tier-2 banks as more financial institutions take steps to beat the recapitalisation directive of the CBN.
The investigative hearing to probe the disengagement of the 1,000 staff of the apex bank was held at the instance of the House of Representatives Ad-hoc Committee to probe the matter, chaired by Hon. Usman Bello Kumo.
The CBN Governor who was represented by the Deputy Director Corporate Service, Mr. Bala Bello, stated that the issue of the early exit programme and the restructuring as well as reorganisation was to optimise the bank for enhanced efficiency.
This emerged as analysts yesterday predicted a wave of mergers among the tier-2 banks as more financial institutions take steps to beat the recapitalisation directive of the CBN.
The investigative hearing to probe the disengagement of the 1,000 staff of the apex bank was held at the instance of the House of Representatives Ad-hoc Committee to probe the matter, chaired by Hon. Usman Bello Kumo.
The CBN Governor who was represented by the Deputy Director Corporate Service, Mr. Bala Bello, stated that the issue of the early exit programme and the restructuring as well as reorganisation was to optimise the bank for enhanced efficiency.
