business
LOCKDOWN: STERLING BANK INTRODUCES PALLIATIVES FOR CUSTOMERS

Sterling Bank Plc, said it has introduced some palliative measures for customers in a Lockdown: Sterling Bank Introduces Palliatives For Customersbid to cushion the adverse effects of the government ordered lockdown in parts of the country aimed at halting the spread of the dreaded COVID-19, Thecitypulsenews reports
Chief Executive Officer of the bank, Mr. Abubakar Suleiman, who disclosed this in a statementon sunday said, “We understand that a lot of businesses have had to shut down their operations to curb the spread of the virus.”
“This has taken a toll on employment and source of livelihood of many people. We are offering a range of solutions to help Nigerians manage through temporary or extended periods of reduced or lost income as a result of COVID-19.”
Among the measures taken so far, he said, is the reduction of the restructuring fees on all new and existing loans by up to 50 percent. Also, the bank has made provision for the extension of the repayment of loan obligations that are due. Suleiman said the bank has also suspended the penal charge for late minimum repayment on customer credit cards during this period.
The bank CEO said doctors are on standby for free medical consultation on COVID-19 for the bank’s customers and employees anytime, anywhere because their health and safety remained a top priority.
-
news7 years ago
Osun Government presents 2015, 2016 audited accounts…sets record as the first state in Nigeria to publicly declare accounts
-
crime5 years ago
Arotile’s ex-classmate had no driver’s licence, report reveals
-
lifestyle8 years ago
Amazing Tips for an Outstanding Makeup
-
news4 years ago
2023: Kola Abiola Set To Declare For Presidency
-
lifestyle5 years ago
Osun CP Pays Alapomu Courtesy Visit
-
entertainment6 years ago
sanwo-Olu honours sacked chaplain after Ambode’s wife saga
-
lifestyle5 years ago
US Church ‘refunds members three years tithes’ as help during COVID-19
-
business5 years ago
#EndSARS: Access Bank announces N50 billion interest-free facility for businesses