Signature Bank Launched In Abia

Signature Bank Launched in Abia

Signature Bank has officially launched two new branches (Aba and Umuahia) in Abia state.

Speaking at the event in Aba yesterday, the acting Managing Director, Signature Bank, Mr Godwin Nnosike, described the bank as a digitally enabled bank, aimed at stopping failure experienced by bank customers.

According to the banker, Signature Bank exists to fill up the gap in terms of quality of services that customers would receive from the bank.

He added that beyond the provision of financial services, the bank is also geared towards economic development of the State.

Nnosike said: “Signature Bank commenced operation in November 2022, and it is history that signature bank has two branches commissioned in the same state, on the same day and First branches to be commissioned in South East.

“We are out here to serve customers better and to set up the base for partnership with all our customers”, Nnosike stated.

Fielding questions from newsmen, the Branch Manager, Signature Bank Umuahia, Mr Ekene Ochiabuto, stated that Umuahia is becoming industrialized under this administration hence the reason why so many businesses are coming into human hair making woman hair not to be only known as a city for Civil servants alone, adding that agriculture is also an area being developed which the government has invested in which will also generate employment.


He, however, urged all those in need of loans not to relent in applying, as there are several types of loans for all sectors of the economy.

“Signature bank has been established in Umuahia to boost the economy and to enhance small scale enterprises (SMEs) Consumer loan, loans, among others are also available for customers”, he further stated.

Meanwhile, the Abia State Governor, Dr. Alex Otti (OFR), has assured that the state is open for business and urged investors to take up the opportunity, stressing that his administration is poised to offer support.

“Abia is open for business and anyone who wants to invest in Abia, be it in banking, finance, trade or major businesses; we will be there to support you. And when you have erected your building and you are ready to open for business,invite us , we will come to open it with you.

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“We promised at the inception of this administration that we shall be a business friendly government, adopting robust initiatives to enhance our ease of doing business ranking, supporting micro small and medium scale enterprises.

“We can confidently say that Abia has become a strategic investment zone for business planing to tap into new frontier of opportunities.

Otti further assured that that many businesses would be investing in the State in the months ahead following discussions with leading investors who are keen to take advantage of the economic promises of the New Abia.

“Our dear State has become a place of serious interest for investors including major foreign conglomerates on account of our active commitment to turning every part of the State into a major centre of enterprise. Our guiding philosophy as a government is firmed on being proactive in decision making , cutting down barriers to enterprise success and answering the important questions of security , critical infrastructure and environmental sustainability.”

He stated that the State government would want to see a partnership between the bank and the Abia business community, assuring that the government would do everything possible to create a conducive environment for all businesses to thrive.

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The former bank Chief further revealed that he is neither a director nor board member of Signature bank, adding that he resigned his position from the bank before taking office as Governor.

Otti explained that he had served as one of the founders and the pioneer non executive director of the bank and resigned 8 months ago to take up his current position as Governor.