Customers ofÂ Union Bank PLCÂ in the South Eastern states of Nigeria have re-affirmed their confidence and loyalty to the bank, stating that the recent intervention by the Central Bank of Nigeria would make it more capable of meeting their desires and aspirations.
Speaking during the customers reassuring visits by the representatives of the Bankâ€™s Group Managing Director/Chief Executive, Mrs. Funke Osibodu, the Owelle of Onitsha, Chief Chukwuma Azikiwe, was particularly emphatic that Union Bank had the credentials to sustain customersâ€™ faithfulness â€œbecause the bank has a pedigree and history of decent, discipline and indepth managementâ€.
He contended that banking is about people and Union Bank has got the right people, pointing out that â€œif you decapitate the top management of some organizationsâ€, they would rapidly go into disarray, but Union Bank had what it takes to weather the storm.
The Owelle told the GMD/CE emissaries comprising the Deputy General Manager (Marketing), Sir Peter Aliogo and Deputy General Manager (Corporate Banking Group – General), Mr. Emeka Ezekwem, that like great corporations which grew stronger after a depression, the Bank should build on its foundations and prepare for the next economic upturn.
He commended the agricultural financing policy of the Bank, emphasizing that whatever reorganization and restructuring that the Bank may make should not compromise its agricultural financing.
In the same vein, Mr. John Nwodo Jnr, former Minister of Information, noted that the Bank had a reputation of partnering with its customers.
He traced the relationship between the Bank and his late father, saying that he and his siblings went to university through the tremendous support of Union Bank.
Nwodo averred that his loyalty to Union Bank was unshakable.Â â€œWhatever problems you have in the recent past, is just a little set-back that would refocus your management to have a major leap because all the fundamentals that make a good Bank are on your side.Â You have a strong asset base, wide clientele and you have a very wide branch network and so your fundamentals are very good,â€ he enthused.
Also in Enugu State, the Igwe of Nike, Igwe Julius Nnaji, said that his family and the Enugu Community had indepth attachment to Union Bank.
He recalled the exceptional role played by the Bank in his community and said that no true son of Nnaji would do without banking with Union Bank.
He said that the visit had re-enforced his confidence to continue with Union Bank, commending the tremendous support which the Bank had been giving to the economy through its agricultural financing schemes.
Similarly, the Bishop of Owerri, Anglican Commu-nion and State President of Christian Association of Nigeria (CAN), Rt. Rev. C.C. Okorocha, through his Chaplain, Rev. Canon Zion Ngoka, said that he had re-assured his parishioners about the strong financial fundamentals of Union Bank.
The emissaries had visited these customers and personalities to re-assure them that the bank was well positioned to serve them better, positing that the on-going Savings Bonanza had been extended in order to reward more customers for their loyalty and support.Â The officials also noted that Union Bank had ethical procedures for granting loans as long as the customers satisfied laid down criteria.