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General News of Thursday, 18 April 2019


No staff layoffs over closure of two branches – StanChart

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Standard Chartered Bank Ghana has denied reports it is laying off over 600 staff by June 2019 as it prepares to close down two branches.

Describing the report as “false and a misrepresentation of the facts,” StanChart in a statement said staff at the affected branches will be redeployed.

“The Bank is in the process of closing two of its branches namely Tudu and Westlands with a total headcount of twenty-seven (27). All stakeholders have been duly notified. As with all branch closures, we will aim at redeploying as many of the impacted employees as possible,” head of corporate affairs, brand and marketing Asiedua Addae said in the statement.

Standard Chartered Bank Ghana Limited is a market – leading financial services brand in Ghana, listed on the Ghana Stock Exchange. The Bank’s focus and commitment to developing deep relationships with clients and customers have driven its consistent growth in recent years.

With a current network of 25 branches and 68 ATMs across the country, Standard Chartered offers exciting product propositions for clients as well as career opportunities for more than 1000 staff in Ghana.

Editor’s Note: in an earlier report said the bank was in the process of closing down three branches which will affect over 600 staff.

We deeply regret the error and retract the said report.

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