• Saturday, May 25, 2024
businessday logo

BusinessDay

Oborevwori inaugurates Signature Bank in Asaba

We are united for development of South-South region – Oborevwori

…assures investors of business-friendly policies

Governor Sheriff Oborevwori of Delta State has said that his administration will continue formulate policies that actively promote and sustain a business-friendly environment in order to attract investors to the State.

Governor Oborevwori, who spoke while inaugurating the Asaba branch of Signature Bank, said his Administration would continually seek ways to enhance the ease of doing business in the State as part of measures to attract more investors.

Read also: Five banks with highest increase in loan writedowns

He said, “This Administration is very pro-business and it is continually seeking the ways to enhance the ease of doing business in the state in order to attract more investors.

“One of the ways we have achieved this is through enhancing peace and security which is the fourth pillar of our MORE Agenda.

“We are constantly working with the relevant security agencies to sustain the tempo of peace that we currently enjoy in the State.

“This is to ensure that people can go about their lawful businesses without fear or hindrance. Many people come into Delta State on a daily basis.

“So, I want to assure you that, as you have come to open this branch here and proposing another one in Warri, the bank will enjoy the government’s support”.

While expressing delight at the official inauguration of the bank in Asaba, the governor said that the State Government was more than happy to welcome additional bank to the rapidly expanding banking sector in the State.

He pointed out that Asaba had witnessed the influx of old and new generation banks in the last five years or thereabouts because of the city’s growing reputation as a peaceful centre for trade, commerce, entertainment and hospitality.

“Also, with its transformation into a modern city, Asaba is a strong pool for young professionals and entreprenuers, hence the prospects for commercial banking are huge.

“Since the founding of the Signature Bank in 2022, it has steadily built a reputation for customised banking services, creating solutions to customers’ need and deploying cutting edge technology and a strong culture of excellence in professionalism.

Read also: Unused bank-linked phone numbers at risk

“I have no doubt that its presence in Asaba will enliven the banking sector in the state and lead to healthier competition, which is good for customers”, the governor added.

Godwin Nosike, the Acting Managing Director of the bank, had earlier said the establishment of a branch in Asaba was a testament to the bank’s belief in the opportunities and friendly-business environment that the State provides, adding that they were in the process of setting up another branch in Warri.