Friday, 23 December 2016

Eco bank Port Harcourt: Freezes accounts to stay afloat.

This was the scene at Eco bank Port Harcourt where the customers was waiting to make a cash withdrawal. The bank management made a persuasive decision to give the customers below what they want. One of the customers said he wanted to withdraw Two hundred thousand naira but they gave him One hundred thousand naira instead. Same thing with a lady who wrote A Hundred thousand naira on the withdrawal slip was given Fifty thousand naira. Same thing goes to each and every one of them. The Staffs was questioned by the angry and aggressive customers why they made such decision the bankers said it's for them to maintain the system balanced so that the cash outflows will not be higher than the cash inflows. The customers reprobated at this decision. The queue was very much that people were meant to sit on the floor and wait for their turn. This is elusive.

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