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Sterling Bank Debunks Sack Reports

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As opposed to report making the round, Sterling Bank Plc, has said that it didn’t sack 650 staff however just returned them to specialist organizations that had before assigned them to work with the bank.

 

The organization put forth the elucidations in an announcement made available to newsmen.

 

According to the bank, “In the course of its operations, our bank engages the services of third party service providers, who assign their staff to Sterling Bank to carry out specific tasks on the behalf of the service providers” the statement read.

 

“These 650 workers, in press reports, are not staff of Sterling Bank, but were assigned to the bank by our service providers. The Service Level Agreement (SLA) with the parent companies allow them to reassign their staff to any other institution they (service providers) deem fit.”

 

The bank, in this way, charged members of the press community to affirm any stories identifying with the bank through its corporate communication, focusing on it is constantly accessible by email and through social media channels for verification of news stories.

 

Meanwhile, the lender has said notwithstanding the predominant monetary atmosphere, it keeps on dealing with a business, which thinks about its people, with a remarkable record of building and growing mutually-beneficial relationship with members of its staff.

 

 

“We also continue to build capacity for our people through excellent training and developmental programmes such as the Sterling Graduate Associate and the Sterling Management Associate programmes targeted at identifying, grooming and developing young talents for leadership positions in the bank,” the lender added in the statement.

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