September 9, 2018
Chairman of the Finance Committee, Dr. Mark Asibey Yeboah, has said Consolidated Bank would close down ninety-eight (98) branches out of the one hundred and ninety-one it has now at the end of September 2018.

According to the chairman of the Committee, ninety-three branches would be maintained, and pointed out that this was the position of the Consolidated Bank that had taken over five collapsed banks.

Dr. Mark Asibey Yeboah further noted that at the end of this month all employees with the Consolidated Bank would have their probation contract terminated by the sixty day probation given them.

He also added that CB is going to embark on nationwide employee assessment of the employee within the Regional sector from Accra, Kumasi, Cape Cost, Tamale, Ho, Takoradi and in the Brong Ahafo.

“All employees are going to go through assessment, for the Consolidated Bank to determine as to the number of employee they want to keep”.

According to the chairman of the Committee, as to the number of jobs to be cut, CB is still in the process of rationalizing the platform they want to use and that would be determine soon.

Again they gave us update of what they have been doing so far and the prospect going in to the future, he said.

By: Kwaku Sakyi-Danso/