Oceanic Bank fetes customers, assures shareholders of bumper ROI

31.03.2008

CHIEF Executive Officer of Oceanic Bank International Plc., Dr. (Mrs.) Cecilia Ibru, has attributed the bank’s rapid growth pattern to increasing customers’ support and patronage nationwide.

Speaking at the weekend at a cocktail dinner in honour of the bank’s customers, Ibru said the impact of customers on the bank’s growth was better appreciated when the growth pattern of the bank was considered from a branch network of 50 to over 350 as at the end of the last financial year.

She said “about three years ago, the bank could boast of only about 50 branches. Now, we can boast of over 350 branches and business offices spread across the nation and we are still growing.

“We now do big ticket transactions and is venturing into oil and gas and even the telecoms sector. Your unflinching support has been mainly responsible for this feat.”

While commending the steadfastness of the customers, she also assured the shareholders of bumper returns on their investment in the bank.

She enjoined the customers to take advantage of enhanced profitability by taking up shares of the bank, adding that the bank would continue to effectively enhance the status of its shareholders by adequate returns on their investments.