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Home Companies Company News

Sterling Bank Wants Diaspora Nigeria To Deposit Forex With Them

Chacha Wabara by Chacha Wabara
February 8, 2017
in Company News
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Nairametrics| Sterling Bank Plc is leading a drive by Nigerian lenders to persuade the country’s citizens residing overseas to send money (remittances) home. According to Bloomberg, the head of Sterling Bank’s year-old diaspora-services programme, Mr. Tunji Adeyemi, traveled from Lagos to Scotland late last year, seeking to persuade Nigerians living there to deposit their pounds in his bank’s vaults.

The news agency reported that Adeyemi, who was in a Glasgow arts centre, attending to crowds of people, disclosed that the Scottish city was just one stop in Sterling Bank Plc’s drive to get Nigerians abroad to open 5,000 new accounts back home this year.

The visit, which also took Adeyemi to Manchester and Belfast, winning more than 500 new accounts, is intended to boost foreign-currency revenue amid a shortage that has crippled everyone from manufacturers to airlines. He is also expected to embark on another multi-city trip, probably to Chicago and Atlanta, by April.

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Chacha Wabara

Chacha Wabara

Chacha Wabara-Ogbobine is a Legal practitioner with over 9years post call experience. A research Consultant, professional writer and a blogger at heart,owner of four thriving websites with well over 10years of experience. Totally in love with keeping fit and coaching weight loss enthusiasts. I love my quiet time, being with my kids, watching TV series for hours on end.

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