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Over 100 workers of the First Atlantic Bank to go home.


Over 100 workers of the First Atlantic Bank are set to lose their jobs following the recent merger between the bank and Energy bank.
The move, according to sources, at the bank is to ensure efficiency in operations after the merger which took place December last year.
The affected staff, which includes some staff of the former Energy bank, have been briefed on their packages and terms of the departure, a senior staff member at the bank told Starrfm.com.gh Tuesday.
However some of the affected staff are aggrieved over the packages claiming that it does not meet the standard stipulated by industry regulations.
The development comes on the back of the rising job losses in the banking industry following the Bank of Ghana’s new capital requirement.
Five banks were collapsed into the Consolidated Bank of Ghana (CBG).
Meanwhile, Management of First Atlantic Bank says it is aiming to be among the top five banks in Ghana in the next five years.
Addressing customers of the bank in Kumasi at customers’ appreciation dinner,  Odun Odunfa, Managing Director and CEO of First Atlantic Bank commended their customers for keeping faith in them during the 2018 banking crisis.
” This bank is set to be in the top five banks in Ghana within the next five years. It is our vision to take Ghana and Ghanaian banking to the world. We are set to begin our journey in the sub region and the rest of Africa. We committed to offering digital innovation like never seen before. If you know our story since we started in 1995 till we re-branded in 2012, you would know it is possible. We thank you and we appreciate what you have done especially in Kumasi.
Source: Ghana/Starrfm.com.gh
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