Gov Adeleke begs banks to reopen branches in Osun State

Ademola Adeleke, the governor of Osun, has urged bank CEOs to reopen closed branches in all of the state’s municipalities.

The Governor gave the banks reassurance that a new Sheriff had arrived.

According to CREEBHILLS, numerous bank branches in the state closed their doors due to security concerns after the state’s gubernatorial election on July 16, 2022.

Speaking on Friday during the opening of First Bank of Nigeria’s renovated Ede branch, Governor Adeleke said his administration had revised the state’s security architecture to better protect important towns and communities.

“The conditions responsible for the closing of Bank branches at Ila, Iree, Ikirun, Iwo and other areas of the state no longer exist. Osun is secured for banking operations.

“I call on top bank managements, reopen your branches. Osun is under-banked, even with digital applications, physical offices are still needed in many towns.

“I recently launched a sustainable industrial policy for the state. I call on banks to partner with us for implementation. We want to grow the private sector. This is good news for financial institutions.

“We are receiving high volumes of investors’ interest to enter the Osun market. We are creating the enabling environment. Bank chiefs should join us.

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