Several branches of Intercontinental Bank that have been tagged ‘not performing’ has been shut down by Access Bank, the new owners of the bank just as over one thousand staff of the same bank lost their jobs. Gistmaster gathered some of the braches of Intercontinental Bank shut down by Access Bank includes the one at Ikeja, Ibafo and Akute.Austin Edoja, the
corporate affairs manger of Access Bank confirmed the new development.
Already, close to two thousand staff of Intercontinental bank has been sacked. However, we gathered that this just the first batch. Sources told gistmaster that Access Bank also plan to sack thousands of others soon.
Intercontinental Bank was hit by massive low patronage after the Central Bank of Nigeria indicted the erstwhile Managing Director of the Bank, Erastus Akingbola and other directors of fraudulent practices.