there has been massive and unprecedented resignation of appointment by staffs @ intercontinental bank this week
as over 28 branches in lagos alone not open to customers as a results of the exodus of staffs .
other locations visited across the country shows some cadre of staffs handling functions they are not prepared for, which resulted in delay and very poor services.


there have been serious and very poor services in most of the branches visited by a correspondent of a news organization in other states . and other locations across the country
there is has been drop in manner customers besiege the bank's busy branches for business.
payment of cash has also been difficult.

customers interviewed has been expressing disaffection in the turn of very poor services since the take over by access bank.
it's mobile banking has not been working for two months.

apart from the closure of about 100 branches of intercontinental bank closed down by the new management

confirmed reports has it that the new owners asked people to resign if they are not willing to take the new offer.
the new offer according to reports is full of anti labour laws
forfeiture of whatever severance pays u might have benefited from working with ibplc.
signing of bond,no severance pay or gratuity in it's policy
placement on probation irrespective of no of years spent @ ibplc
and very many unfriendly clause and conditions.

access bank according to industry watch is proudly know for sacking of its employees without recourse to procedures as they operate a gangstar approach in employees matters .regular termination of staff's appointment with no disciplinary offence at all.

high levels of unbalanced employees worklife balance, frequent holdings of meetings at odd hours
midnight meetings and till day break.


termination of staffs employment based on deposit inflow for all cadre of staffs.example the 1500 recently disengage whether marketing or not .poor treatment and talking down on it's employees .

reports further shows that other banks has already been taking advantage of the exodus of its staffs to mob up deposit into its books.

These are the issues from my discussion with a close friend;
Access bank set target limits for all Intercontinental Bank staff to be achieved in 6month (nov,2011-april,2012) but was reduced to 2month ending Dec-2011. As such all staff that was not able to meet this target was sacked, 1603 of them.

They were asked to all write a test on credit, failure to achieve the past mark will result to termination of appointment. Note that not all had written the test but most had passed the test. All this are bottleneck to frustrate IB staff out but the test was not serving the purpose,hence inability to achieve set target in 2months was used to terminate appointments.

Be informed that those that did not pass the credit test are still going,if you are able to achieve set target.

Not forgeting that around 1500 trainees/intern bankwide appointments were terminated last wednesday.

My opinion of for the mass resignation;

5yrs or more in IB- You are entitle to gratuity if u leave or stay but not entitle to severance package.

Less than 5yrs in IB- You are entitle to severance package if you are among the professional staff whose appointments was terminated while those still left behind with Access Bank will forfeit severance package and start afresh with 1yr probation period. If for any reason you resign or your appointment terminated, NOTHING FOR YOU.

Other possibilities
IB staff with HND and Bsc from state university might be asked to go.

In my opinion,
Accessbank should have merged IT with Intercontinental bank to ensure customers with both banks can transact business without problems (eg STB/UBA),then mixed staff from both ends to get familiar with each other customers to build confidences but Accessbank was particular about closing branches, possibly send them off(my opinion) and rebranding the remaining IB branches while customers from both ends can not make withdrawals and even deposit is not seamless. I am not happy that IB customers are suffering because of Accessbank inability to manage small issues while exposing IB staff to ridicule. It has never happened in the banking sector for staff to resign enmass. I want to believe Access bank management will be embarrassed with this enmass resignation because they didnt plan for it but they will definately find a way out it using their unjust ways.

IB staff will say PROUDLY INTERCONTINENTAL

Sounds like d post of a disgruntled staff out to settle scores by making wild ranging accusations,most unsubstantiated.Did biz with IB just on friday& didn't av any problem whatsoever and didn't evn notice any understaffed dpt;I wonder if its d same bank d op is referring to

One way Close anoda one open if you know,anyone of them tell them to visit this site

http://www.novinebooks.com.ng/Etranzact+Aggregator

A Finance Start-up in IBADAN is interested in the SERVICE and Partnership of any of the INTERCONTINENTAL BANK Staff currently on the Sad Resignation URGENTLY.

The Finance Start-up deals in Branded and Innovative SAVINGS and LOANS Venture on Retail Level. The Base Office is Located around OKE-ADO, IBADAN.

The Interested Person may be a FEMALE EX-BANKER with Experience in WORKING in a TEAM and Must be READY to co-ordinate other Field Fund Officer

She must be ABLE to Act in TWO CAPACITIES.

1. As the chief ACCOUNTANT Officer, Do all basic Accounting Function of the Organisation.

2. As the TEAM HEAD of the Field Fund Officers who will always Report to HER.


SHE MUST BE ABLE to Influence KEY Decision Taking Processes of the Organisation and with a Vibrant ABILITY to Market the BUSINESS IDEA to the Business Community and POTENTIAL INVESTORS.


Any Interested PERSON(s) can contact the Strategy Office of the Organisation via e-mail: ariyoakinsola@gmail.com URGENTLY

Sanusi has done more harms to Nigeria than good.
Let us reason together on following points
1.Banks in the past have reduced the umemployment in Nigeria but now reverse ȋ̝̊̅§ the case as many exbankers have flooded the job market competiting with fresh graduate.
2.From a reliable source,Sanusi witch-hunted the sacked CEOs because he can't tell us other CEOs are not guilty of the same allegations
3.He delibrately created problems in the banking sector so as to promote Islamic banking as the only panacea to the current banking crisis
4.I stand to be corrected,the sacked CEOs are christians
5.Sanusi rendered banking jobs unattractive again

Access ȋ̝̊̅§ to small to acquire Intercontinental what Access ȋs interested in is not bank but the asset.
The merger cannot work

Im nt surprised. Access is managed by groups of saddist. Most of those affected are d HND holders (I want 2 believe).

NIGERIAN LATEST JOBS https://www.bombshell.info

God dey

SANUSI THE ANTI-CHRIST. No wwander it is the acess bank that jumped at the idea of islamic banking. Carry go eh?