By Adams Obiye, Abuja
Following the statement made by Herbert Wigwe, the group managing director of Access Bank, who explained the reasons behind a planned mass retrenchment of its workforce, Access Bank has on Saturday, May 2, announced the closure of 340 branches nationwide.
The move according to the bank is to reduce operating costs due to the COVID-19 pandemic.
Wigwe had earlier revealed that those to be affected by the mass retrenchment are 75% of the bank’s staff, most of whom are outsourced and are offering “non-essential services.
“We probably don’t need as much security as required; even to the fact that we are not gonna have all our branches open between now and December. We don’t need all the tellers.” Wigwe said in the video.
“The second has to do with our professional cost. Now that is one that is very tricky and it is tricky because I do understand and appreciate that its gonna, you know, bring its own pain to staff.
“We basically have to make the adjustments the same way you sounded when we spoke 10 days ago with respect to basically cutting down cost.
“I will be the first to take the hit and I’m gonna take the largest pay cut, which would be as much as 40 percent. The rest we would have to cascade right through the institution. Everybody may have to make some adjustments of some sort.”
Wigwe, one of the principal conveners of CA-COVID; a coalition of Nigeria’s private sector against COVID-19 said the proposed measures are aimed at keeping the bank afloat in the face of the economic realities of COVID-19.
Industry watchers believe that Wigwe’s retrenchment policy affects the most vulnerable of his staffers and will be counter-productive for many families; especially the poor if the books of the bank truly show just as his philanthropy does; that it has the capacity to cushion the effect at such a precarious moment in history.Access bank closes 340 branches
List of Branch below
| S/N | BRANCH NAME |
| 1. | Ret shop – osisioma (001) |
| 2. | Umuahia branch |
| 3. | 15 azikwe road |
| 4. | Faulks road branch aba |
| 5. | Umudike branch |
| 6. | Umuahia, ikot – ekpene road) |
| 7. | Aba, asa road |
| 8. | Ret shop – umuahia (039) |
| 9. | Gibbs street branch |
| 10. | Ikot ekpene branch |
| 11. | Abak, ikot – ekpene road |
| 12. | 32 aka road branch |
| 13. | Uyo, bank layout |
| 14. | Onitsha branch |
| 15. | Nnewi branch |
| 16. | Up iweka branch |
| 17. | Ogidi branch |
| 18. | Onitsha, sokoto road. |
| 19. | Onitsha, ogbaru enamel ware market |
| 20. | Nnewi, old nkwo market road |
| 21. | Obosi, city biscuit road |
| 22. | Okija, old okija ihiala oguta rd |
| 23. | Bridge head branch |
| 24. | Awka, azikiwe street |
| 25. | Unizik branch |
| 26. | Ret shop-niger delta uni. Mini(082) |
| 27. | Gboko branch |
| 28. | Zaki ibiam branch |
| 29. | Makurdi, new bridge road |
| 30. | Ret shop – n/bank makurdi (034) |
| 31. | Gboko branch |
| 32. | Maiduguri, burga road |
| 33. | Ret shop – univ. Of maiduguri (020) |
| 34. | Ret shop – shehu laminu way (020) |
| 35. | Ikom, okimi osabor street |
| 36. | Calabar, ndidem usang iso road |
| 37. | Calabar, mayne avenue |
| 38. | Asaba, 163 nnebisi road |
| 39. | Deco road branch |
| 40. | Ughelli, market road |
| 41. | Ret shop – warri (005) |
| 42. | Agbor branch |
| 43. | Asaba, nnebisi road |
| 44. | Okpanam road branch |
| 45. | Warri okumagba avenue |
| 46. | Abakaliki, ogoja road |
| 47. | Ret shop – ebonyi state univ (035) |
| 48. | Ekenwa-benin branch |
| 49. | Uselu branch |
| 50. | 23 airport road branch |
| 51. | Benin, sapele road |
| 52. | Benin, ugbowo road |
| 53. | Benin, 123 benin-agbor road |
| 54. | Textile mill road branch |
| 55. | Okada branch |
| 56. | Ihama branch |
| 57. | Benin, mission road |
| 58. | Benin branch |
| 59. | Uniben branch |
| 60. | Ijero ekiti cash centre |
| 61. | Ajilosun, ado ekiti branch |
| 62. | Ekiti state university branch |
| 63. | Enugu state university branch |
| 64. | Agbani road branch |
| 65. | Enugu,garden avenue |
| 66. | Enugu, okpara avenue |
| 67. | Enugu, 9th mile |
| 68. | Enugu, nike lake road |
| 69. | Unn nsukka branch |
| 70. | University of nigeria enugu branch |
| 71. | Okpara avenue branch |
| 72. | Wuse 2 branch |
| 73. | Federal secretariat abuja branch |
| 74. | Utako branch |
| 75. | Abuja nnpc towers branch |
| 76. | Durumi branch |
| 77. | Dei dei abuja, building materials market |
| 78. | Nyanya abuja, opp. Nyanya shopping complex |
| 79. | Gwagwalada abuja, park lane |
| 80. | Wuse 2 abuja, aminu kano crescent |
| 81. | Gwarinpa |
| 82. | Abuja,ladoke akintola bolvd |
| 83. | Life camp abuja, jabi-karmo road |
| 84. | Adetokunbo ademola, abuja branch |
| 85. | National assembly branch |
| 86. | Garki branch |
| 87. | Bank of industry (boi),abuja |
| 88. | Garki area 11 branch |
| 89. | Nasda branch |
| 90. | Dei dei branch |
| 91. | Fed min of justice branch |
| 92. | Federal mortgage bank branch |
| 93. | Garki abuja, central business area |
| 94. | Herbert macaulay, abuja branch |
| 95. | Ret shop -fed. Secretariat abj(061) |
| 96. | Zone 5 abuja, michael okpara street |
| 97. | Ret shop- savannah suites, abj(013) |
| 98. | Ret shop -area 1 complex abuja(077) |
| 99. | Gombe, biu rd. |
| 100. | Bank road owerri branch |
| 101. | Nekede branch |
| 102. | Owerri, orlu road |
| 103. | Mbaise, ahiara junction mbaise |
| 104. | Ret shop – futo (017) |
| 105. | Owerri, douglas road |
| 106. | Okigwe, wesley quarters okigwe rd |
| 107. | Ret shop – naze market (090) |
| 108. | Ret shop – imo state sectariat(090) |
| 109. | Hadejia branch |
| 110. | Kaduna branch |
| 111. | A2 ahmadu bello way branch |
| 112. | Ungwan rimi branch |
| 113. | Nnpc refinery kaduna branch |
| 114. | Gumi main market |
| 115. | Jaji, command and staff college |
| 116. | Ali akilu road branch |
| 117. | Zaria branch |
| 118. | Kachia road kaduna |
| 119. | Kaduna, isa kaita road |
| 120. | Ret shop – zaria (127) |
| 121. | Anchau branch |
| 122. | Kano branch |
| 123. | Bello road branch kano |
| 124. | Katin kwari branch |
| 125. | Bayero university branch |
| 126. | Ret shop – dawanua, kano (058) |
| 127. | Bichi branch |
| 128. | Aminu kano teaching hospital branch |
| 129. | Kano, france road, sabon gari |
| 130. | Ret shop – bayero uni. Kano (007) |
| 131. | Katsina, nagodo road |
| 132. | Katsina branch |
| 133. | Kafur branch |
| 134. | Danja branch |
| 135. | Birnin kebbi, sani abacha road |
| 136. | Obajana cash centre |
| 137. | Lokoja, murtala muhammed way |
| 138. | Folawiyo street branch |
| 139. | Ilorin, ibrahim taiwo road |
| 140. | Kwara state polytechnic |
| 141. | Ibeju lekki |
| 142. | Victoria island branch |
| 143. | Idejo branch |
| 144. | Ikota branch |
| 145. | Lekki chevron branch |
| 146. | Ajose adeogun branch |
| 147. | Ikoyi, awolowo road |
| 148. | Ajah, lekki – epe expressway |
| 149. | Ajah, addo road |
| 150. | Lekki phase i, admiralty way |
| 151. | Ret shop – ikota, vgc lagos (095) |
| 152. | Lagos island, king george v branch |
| 153. | Broad street 2 branch |
| 154. | Bba lagos, atiku abubakar plaza |
| 155. | Trade fair complex, aspamda, hall 2 |
| 156. | Alaba, densine plaza olojo drive |
| 157. | Alaba international, dobbill plaza avenue |
| 158. | Maza maza branch |
| 159. | Alaba international, old garage |
| 160. | Old ojo branch |
| 161. | Ligali ayorinde |
| 162. | Adeyemo alakija branch |
| 163. | Adeola odeku branch |
| 164. | Adeola hopewell branch |
| 165. | Awolowo road 2 branch |
| 166. | Saka tinubu branch |
| 167. | Ret shop – palms mall, lagos (026) |
| 168. | Burma road apapa branch |
| 169. | Broad street branch |
| 170. | Creek road apapa branch |
| 171. | Tincan island branch |
| 172. | Apongbon branch |
| 173. | Ibafon branch |
| 174. | Point road branch |
| 175. | Marina boi branch |
| 176. | 48 marina branch |
| 177. | Lagos island, marina |
| 178. | Lagos island, balogun street |
| 179. | Apapa, liverpool road |
| 180. | Apapa, burma road |
| 181. | Trade fair branch |
| 182. | Aspamda branch |
| 183. | Festac 2 branch |
| 184. | Agudosi branch |
| 185. | Maza maza, old ojo road |
| 186. | Ret shop – satellite town (028) |
| 187. | Old alaba motor park |
| 188. | Ojuelegba branch |
| 189. | Gbagada, gbagada expressway |
| 190. | Idi-araba branch |
| 191. | Lawanson/itire rd branch |
| 192. | Ret shop – aluminum village (011) |
| 193. | Ret shop – iyana ipaja (110) |
| 194. | Toyin street branch |
| 195. | Ikeja, 60 opebi road |
| 196. | Maryland,mobolaji bank anthony way |
| 197. | Ret shop – isheri, berger) |
| 198. | Iddo branch |
| 199. | Kosoko street brch |
| 200. | Nnamdi azikwe street idumota branch |
| 201. | Oyingbo branch |
| 202. | Lagos island, oke arin |
| 203. | Yaba, herbert macaulay road branch |
| 204. | Surulere, enitan street aguda |
| 205. | Ret shop – jankara , lagos isd(002) |
| 206. | Ret shop – ogunlana drive (051) |
| 207. | Ret shop – bariga akoka (087) |
| 208. | Lasu campus branch |
| 209. | Amuwo odofin branch |
| 210. | Seme border, badagry express way |
| 211. | Festac town, second avenue |
| 212. | Coker, lagos/badagry expressway |
| 213. | Trade fair complex, aspamda office block 2 |
| 214. | Bba lagos, bank plaza |
| 215. | Palm avenue branch |
| 216. | Ilupeju branch |
| 217. | Matori branch |
| 218. | Ikorodu 2 branch |
| 219. | Tejuosho branch |
| 220. | Ilupeju 2 branch |
| 221. | Gbagada branch |
| 222. | Ojota branch |
| 223. | Odogunyan branch |
| 224. | Oshodi branch |
| 225. | Matori, ladipo street |
| 226. | Ojuelegba, shifawu street |
| 227. | Oshodi, oshodi-apapa expressway |
| 228. | Ret shop – tejuosho mkt, lag (050) |
| 229. | Ret shop – ketu (088) |
| 230. | Ret shop – daleko (099) |
| 231. | Ret shop – ojuwoye market (099) |
| 232. | Osolo way branch |
| 233. | Nahco branch |
| 234. | Egbeda branch |
| 235. | Ejigbo branch |
| 236. | Iju branch |
| 237. | Dopemu branch |
| 238. | Iyana ipaja, lagos abeokuta express way |
| 239. | Isolo, mushin road |
| 240. | Idimu, idimu road ikotun |
| 241. | Okota, 56 ago palace way |
| 242. | Akowonjo, shasha road |
| 243. | Mafoluku, intl airport road |
| 244. | Ret shop – okota, isolo lagos (004) |
| 245. | Adeniyi jones ikeja branch |
| 246. | Ojodu berger branch |
| 247. | Opebi branch |
| 248. | Ikeja, awolowo way |
| 249. | Oregun branch |
| 250. | Ikeja, ladipo oluwole street |
| 251. | Ogba, ijaiye road |
| 252. | Alausa branch |
| 253. | Oregun, ziatech road oregun |
| 254. | Ikeja gra, joel ogunnaike street |
| 255. | Magodo, cmd road ikosi |
| 256. | Ret shop – ifako agege (080) |
| 257. | Ret shop – ifako gbagada (087) |
| 258. | Idumota branch |
| 259. | Ogunlana drive branch |
| 260. | 67 st finbarrs rd-bariga |
| 261. | Ijeshatedo branch |
| 262. | University of lagos branch |
| 263. | Sabo yaba branch |
| 264. | Adeniji adele branch |
| 265. | Ebute metta branch |
| 266. | Ebute metta, market street oyingbo |
| 267. | Apongbon, issa williams/offin rd |
| 268. | Ret shop – iddo, ebute metta) |
| 269. | Article market branch |
| 270. | Ret shop-nass. State uni.keffi(073) |
| 271. | Lafia, doma road |
| 272. | Keffi, abubakar burga street |
| 273. | Minna, paiko road |
| 274. | Suleja depot cash centre |
| 275. | Minna 2 branch |
| 276. | Suleja, ibb market |
| 277. | Oou branch |
| 278. | Abeokuta, uacn complex ibara |
| 279. | Sagamu, akarigbo street |
| 280. | Ijebu ode, 35 ibadan road |
| 281. | Covenant branch |
| 282. | Rccg camp branch |
| 283. | Oke ilewo branch |
| 284. | Ilaro branch |
| 285. | Otta, otta industrial layout |
| 286. | Owode yewa market branch |
| 287. | Idi iroko border branch |
| 288. | Otta, idiroko road |
| 289. | Ret shop – babcock university (137) |
| 290. | Akure branch |
| 291. | Adekunle ajasin university campus branch |
| 292. | Akure, oyemekun street |
| 293. | Ondo, yaba road |
| 294. | Adeyemi college of education |
| 295. | Iree branch |
| 296. | Ilesha, ita balogun street |
| 297. | Ile ife branch |
| 298. | Ipetu ijesha branch |
| 299. | Oau ile ife branch |
| 300. | Redeemer university ede branch |
| 301. | Saki branch |
| 302. | Apomu branch |
| 303. | Lautech branch |
| 304. | Bodija branch 2 |
| 305. | Iwo road 2 branch |
| 306. | Uch ibadan branch |
| 307. | Ibadan, oke – ado |
| 308. | Ibadan, agodi uch second gate |
| 309. | Oyo branch |
| 310. | Ojoo branch |
| 311. | Ogbomoso branch |
| 312. | Ogbomosho, ilorin road |
| 313. | Bodija branch 1 |
| 314. | New court road branch |
| 315. | Ekotedo branch ibadan |
| 316. | Jos branch |
| 317. | Jos, commercial area |
| 318. | Jos, club road |
| 319. | Ret shop – katako (015) |
| 320. | Bukuru branch |
| 321. | Ret shop – university of jos (055) |
| 322. | Ikokwu branch |
| 323. | Ret shop – old aba road, ph (086) |
| 324. | Bonny cash centre |
| 325. | Eleme branch |
| 326. | Eastern bulkcement branch |
| 327. | Ph, trans amadi |
| 328. | Ph, fot onne |
| 329. | Obigbo ph, location road |
| 330. | Ret shop – odua road, phc (003) |
| 331. | Bori branch |
| 332. | Uniport branch |
| 333. | Rsust branch |
| 334. | Ph, 50 ikwerre road |
| 335. | Plot105 olu obasanjo ph branch |
| 336. | Garrison branch |
| 337. | Gada market branch |
| 338. | Usman danfodio university branch |
| 339. | Sokoto, maiduguri road |
| 340. | Gusau, canteen road |
Did Federal government forced Herbert Wigwe to donate N1b to Covid 19 ?? Why sacking the staff and closing of 340 branches?
Wonders will never end. Practically sacking all the staff of former Diamond Bank by closing most of the branches. Sad one there.
If you know you do not have the capacity to donate 1billion to FG , why do you force your self to give. It is not at this time you should sack your staff.
I dnt really understand, does Herbert mean close close. Then what happens to our money. What kind of stupid statement is dis, who asked him to donate people’s money. Why did he not sell all his property nd donate d money. They should not play wit that small money I hv wit them ooh
Somebody wey Sabi
This is going to be a loss to the families that this will affect, how will dey survive at this time of covid 19
It’s very sad, why at this time of pandemic legacy that never forget to the family that affected lay by Herbert Wigwe,truly Nigerian government is Insensitive,i mean look at it collecting billion and leave your citizens surfer
I hope this closure will not affect customers money with the bank.? God will help us.
There’s no point debating about your deposit. Go there now and withdraw all you have with them NOW. The donor of that N1b has a concluded plan and knows exactly what he’s doing. All these stealing method are not new to us.
I see this as pure wickedness,just few months of pandemic panic and they re sacking their workers, what happen to them after the sack, their childrens, life and expenses, will the children’s bear hunger?
Jaga-jaga bank, the day they issued me ATM card, that was the day their ATM swallowed my card and they’ve not seen it for me ooo.
Thank God I withdrew the money I have with.
The bottom line is that the bank from the time they started buy other banks like the Intercontinental Bank and merging them together has no capacity to do such. It was fraudulently done. I HoR pe our monies and shares inherited from the time it was Intercontinental Bank, to which I haven’t received any communication since they took over, is safe?