Home Business Signature Bank Launches New Branches in Abia, Backed by Governor Otti
BusinessFinance

Signature Bank Launches New Branches in Abia, Backed by Governor Otti

210

Signature Bank has, on Wednesday, expanded its footprint in Abia State by launching new branches in Umuahia and Aba. This move represents a crucial step in the bank’s strategy to extend its services and support economic growth in the region.

Mrs. Ayona Trimnell, a spokesperson for the bank, highlighted that these branches in Umuahia, the state’s capital, and Aba, its commercial hub, will provide convenient access to a range of financial products and services, including business loans and personal banking.

In Umuahia and Aba, Signature Bank aims to serve the vibrant economic communities and offer innovative and customer-centric banking solutions. The new branches promise a modern, welcoming environment, equipped to assist customers in achieving their financial goals. This expansion adds to Signature Bank’s existing presence in Abuja and Port Harcourt.

Meanwhile, Abia State Governor, Dr. Alex Otti, clarified his current role in relation to Signature Bank during the opening of these branches. Having resigned as a pioneer non-executive director eight months ago to assume the governorship, Otti emphasized his support for the bank’s expansion as a testament to the growing business confidence in Abia State. He assured potential investors of the state’s support.

“Abia is open for business and anyone who wants to invest in Abia, be it in banking, finance, trade, or major businesses; we will be there to support you. And when you have erected your building and you are ready to open for business, invite us, and we will come to open it with you”, he stated.

Emphasizing his campaign promises, Otti said: “We promised at the inception of this administration that we shall be a business-friendly government, adopting robust initiatives to enhance our ease of doing business ranking, supporting micro small, and medium scale enterprises.”‍

“We can confidently say that Abia has become a strategic investment zone for business planning to tap into new frontier of opportunities.”

Read more: A Chronicle of Currency Crisis: Naira Vs. Zimbabwe Dollar 

 

 

 

About The Author

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

BusinessNews

H1 2024: Nigeria’s Vehicle Imports Drops By 60% Due To Naira Volatility, High Customs Duties

The importation of vehicles into Nigeria dropped by 60 per cent in...

BusinessNews

H1 2024: Dangote Cement Reports 85% Pre-tax Profit, Struggles With +118% YoY Increase In Production Costs

Dangote Cement Plc has announced a pre-tax profit of N292.9 billion for...

The General Auditing Commission has released a compliance audit report showing massive financial irregularities at the Central Bank of Liberia covering January 1, 2018, to December 31, 2023.
FinanceNews

Financial Irregularities Uncovered At Central Bank of Liberia, Says GAC Report

The General Auditing Commission has released a compliance audit report showing massive...

BusinessNews

Italian Eni To Sell Its Subsidiary, Agip Oil, To Wale Tinubu’s Oando 

Italian oil giant Eni has received formal consent from the Nigerian Upstream...