Nigerian Bank To Close Accounts With Less Than N7.5 Million Balance, Give Reasons

Financial services provider, Standard Chartered Bank has announced that effective February 28, 2026, it will no longer continue its relationship with customers who do not meet its Assets Under Management (AUM) requirement of N7.5 million. This, the bank said, is in line with its new Emerging Affluent Segment. In a notice to it’s customers titled: […] The post Nigerian Bank To Close Accounts With Less Than N7.5 Million Balance, Give Reasons appeared first on The Capital NG.

Nigerian Bank To Close Accounts With Less Than N7.5 Million Balance, Give Reasons

Financial services provider, Standard Chartered Bank has announced that effective February 28, 2026, it will no longer continue its relationship with customers who do not meet its Assets Under Management (AUM) requirement of N7.5 million. This, the bank said, is in line with its new Emerging Affluent Segment. In a notice to it’s customers titled: […]

The post Nigerian Bank To Close Accounts With Less Than N7.5 Million Balance, Give Reasons appeared first on The Capital NG.

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