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<\/a><\/p>\nChris Agabi<\/p>\n
22 December 2011<\/p>\n
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Lagos \u2014 Strong efforts are underway to re-launch the Savannah Bank brand into the competitive banking market in Nigeria, a statement from the bank said.<\/p>\n
The bank has been holding strategic management meetings with its investors and financial advisers.<\/p>\n
Top management of the bank recently held a three-day strategy session facilitated by the bank’s financial advisers.<\/p>\n
Leading the strategy session, Mr. Steve Burke of PWC South Africa and Mr. Ken Igbokwe of Nigeria office, were confident that Savannah Bank’s re-entry, given all the efforts and available information, will excel in the core service area being planned.<\/p>\n
As part of Central Bank of Nigeria’s commitment to ensuring that Savannah Bank returns to operations soon, a special tripartite joint task force comprising Central Bank of Nigeria, Nigeria Deposit Insurance Corporation and Savannah Bank has been constituted with the mandate to harmonize the bank’s records as a prelude to galvanizing the roadmap for the re-entry in 2012.<\/p>\n
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