Fri. Jul 12th, 2024


The two new branches of Signature Bank has been launched officially in Abia state – Umuahia – the state capital, and Aba – the commercial centre.

Founded in 2022, with a focus on seamless digital solutions, excellence, innovation, and customer satisfaction, the Bank strives to be the preferred banking partner for all, Signature Bank is a financial institution dedicated to providing personalized banking solutions to individuals, businesses, and communities.

Speaking during the official opening ceremony of the two branches in Aba and Umuahia, Abia State Governor Alex Otti, reiterated that Abia under his watch would continue to be a business friendly state.

Governor Otti who emphasized that the decision by Signature Bank to open two branches simultaneously in Aba and Umuahia is a pointer that the government is doing things right in the State.

He said he is optimistic that many more businesses would be welcomed in the State in the months ahead following discussions his government has had  with leading investors, who are very eager to take advantage of the economic promises of the New Abia 

The Governor also said that Abia remains open for all forms legal businesses as his government is determined to support investors to boost the State economy in line with his administration’s policy thrust of creating wealth and taking the people out of poverty.

 Governor of Abia State, Dr. Alex Otti, delivering his speech during the official launch of Signature Bank.

According to him, the event is a major testimony to the faith members of the business community have began to have in Abia State and the opportunities for steady enterprise and economic growth the present administration promises.

 “Abia is open for business and anyone who wants to invest in Abia, be it in banking, in finance, in trade , major businesses, we will be there to support you. And when you have erected your building and you are ready to open for business , please, invite us, we will come to open it with you”, the Governor said.

Continuing, “We promised at the inception of this administration that we shall be a business friendly government, adopting robust initiatives to enhance our ease of doing business ranking, supporting micro small and medium scale enterprises.

” We can confidently say that Abia has become a strategic investment zone for business planing to tap into new frontier of opportunities”.

He used the opportunity to clarify that he is no longer a Director or member of the board of Signature Bank.

“I wish to state that until about eight months ago, I served on the board of Signature Bank as a pioneer non executive director and one of its founders until my present role. It’s also important to indicate that I had to resign before taking up the role I am occupying at this time. So, I am here not as a director or a founder  but as the Governor of Abia State and a guest”.

Governor Otti added, “Our dear State has become a place of serious interest for investors including major foreign conglomerates on account of our active commitment to turning every part of the State into a major centre of enterprise. Our guiding philosophy as a government is firmed on being proactive in decision making, cutting down barriers to enterprise success and answering the important questions of security , critical infrastructure and environmental sustainability”.

The governor said that he is proud that the Signature Bank, after about one year of its establishment has become a very important player in the Nigerian financial services industry and appreciated the Board and Management of the bank for believing in Nigeria and the limitless possibilities it holds and for heeding to the call of investing in Abia State.

He stated that the State government would want to see a partnership between the bank and the Abia business community, assuring that the government would do everything possible to create  a conducive environment for all businesses to thrive.

In his speech, the Chairman of the Board of Signature Bank, Dr. Mutiu Summonu , represented by Mazi Uzoma Nwankwo, pledged that the bank would be a full and active participant in the drive by Governor Otti to transform Abia State to the best State in Nigeria . 

“We understand the pivotal role small and micro scale entreprise play in driving the economic development. Our goal is to be a catalyst for their success , offering stable financial solutions to their growth and innovation.” 

 He thanked Governor Otti for coming to grace the occasion and the opportunity to invest in the State.

Also speaking, the Managing Director of the bank, Mr. Godwin Nosike said that the launch of the branches in Aba and Umuahia is in recognition of the opportunities and potentials that exist in Abia State.

He added that, “Our mission is to provide the necessary support to grow the business in Abia State. We believe in the power of partnership and relationships.” in opening of the branches, we aim to provide a wide array of financial services to meet the uniqueness of our customers in State”.

Sir Ekele Ochiabuto Umuahia Branch Manager of Signature Bank.

Interacting with newsmen, the Umuahia branch Bank Manager, Sir Ekele Ochiabuto, KSM, who appreciated the fact that Umuahia is beginning to witness rapid industrialization, assured that the Bank customers would be given excellent services.

Meanwhile a spokesman for the Bank, Mrs. Ayona Trimnell, has said the Umuahia and Aba branches of the bank will enhance accessibility for both new and existing customers to enjoy a broader range of financial products and services tailored to the specific need of each market, which include: business loans, personal banking services and other specialized financial solutions.

According to her, the expansion marks a significant milestone for the Bank as it continues to strategically grow its network to provide excellent banking services and foster economic growth in the regions.

She said: “We are excited to formally announce the opening of Signature Bank Umuahia and Aba branches. This market entry underscores our commitment to serving our customers and providing them with convenient banking solutions where they live and work.

“Aba and Umuahia are vibrant economic hubs with thriving business communities. By establishing a presence in these cities, we plan to support these markets and connect with businesses and individuals seeking reliable and innovative financial solutions.

“Our branches in Aba and Umuahia offer modern and customer-friendly environments, embodying Signature Bank’s dedication to providing innovative and customer-centric banking solutions. From comprehensive business banking services to personalized retail banking suites, our experienced team is ready to assist you in achieving your financial goals. So, we invite the community to visit and experience the Signature Bank difference,” she added.


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