Prime News Ghana

Fidelity Bank sack 190 staff in restructuring move

By Jeffrey Owusu-Mensah
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About 190 staff of Fidelity Bank Ghana Limited have been sacked as part of ongoing staff rationalisation and restructuring within the bank.

According to a report, the development, which has triggered uneasy calm within the banking institution is also due to overhead cost.

“We are also looking at streamlining things to position us as the leading bank in Ghana,” the report quoted a senior official of the 2015 Bank of the Year as saying.

The affected staff, it is understood, have been duly compensated with all the needed benefits.