The new chief executive of Oceanic Bank, Mr. John Aboh, in a release, has expressed his gratitude to the bank’s customers for their steadfastness.

This became necessary following anxieties by depositors over the recent sack of CEOs of five banks, including that of Oceanic Bank, for alleged unethical practices.

“We are indeed happy that our customers did not take to any panic measure but went about their normal transactions as usual,” Aboh said. He praised them for standing behind the bank and for their useful advise on the way forward.

Aboh, assured the customers that the new management would reciprocate the good gesture by making the clock to exceed stakeholders’ expectations by turning around the bank to deliver superior value to its customers and profit to the shareholders in a short period of time. He emphasised: “As for us in the management, we will not allow the bank to go down, what we can do is to make it more competitive within and without the African region.”

The managing director promised the bank would strengthen its quality service delivery and infrastructural development through public private partnership.

“We have said times without number and we are still saying it that Oceanic Bank is more than capable to fulfill its obligations to its numerous customers and that the CBN intervention was meant to strengthen it to further increase its capacity to serve the customers more than ever before.”

Aboh added that the bank would still grant credit to its customers, saying “ yes the bank’s lending activities will continue because it will engage in its usual banking services, but all loan applications will follow due process. If a loan application meets our risk acceptance criteria, it will be granted.

He described the change in management as being the interest of customers and stakeholders.