GCB Sacks Over 700 UT/Capital Bank Staff
Over 700 former workers of the now defunct UT and Capital banks are
set to lose their jobs as the takeover bank GCB has begun issuing out
termination letters.
The affected staff have already received letters asking them to proceed home.
Starr News understands GCB is only retaining clerical and top management staff of the banks.
Sources have also hinted Starr News that the GCB will retain just about 20 branches of the collapsed banks nationwide.
The development comes after the receiver of the
takeover PricewaterhouseCoopers last month disengaged the services of
all 1356 staff of the two banks.
Source: Starrfmonline
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