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Thursday, January 20, 2011Oceanic Bank Gambia Limited, a subsidiary of its parent company in Nigeria which began winding up its operations in The Gambia on Tuesday 4th January 2011 following its failure to meet the Central Bank of the Gambia (CBG) minimum capital requirement of D150 million, Wednesday briefed the press on the bank's liquidation process which was completed recently.
The briefing was held at the bank's head office along Kairaba Avenue.
Speaking at the briefing, Kingsley Keinde Adebisi, the managing director of the bank, told journalists that they paid all the monies to those who have been banking with them in the quickest possible time. He said the possibility of the timely payment of monies to customers was well facilitated by all members of staff whom he described as efficient and effective.
The Oceanic Bank boss explained that during the process, key elements were taken into consideration in paying monies to customers on time. He was also quick to stress that the liquidation was not the fault of the bank but because of the national polices which do not satisfy them. He added that they were able to pay out all the monies to their valuable customers within 72 hours without any interruption.
For his part, Thomas Kojo Quayson, the head of Corporate Communication, said that banking is a relationship management, pointing out that the efficiency of the staff through a team spirit demonstrated the quality of the bank. He described the management and staff as strong and able, while urging the press to kindly and professionally feed the public with relevant information about Oceanic Bank.
Quayson concluded that the ability and quality of Oceanic Bank staff spoke volumes and that their legacy will speak for them despite the current situation.
Author: by Augustus MendySOURCE: DAILY OBSERVER
Oceanic Bank briefs the press on liquidation
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