20091215
allafrica

Oceanic Bank International Plc received commendations from the Central Bank of Nigeria (CBN)'s Clearing House for Error Free Transmission and Punctuality at the Lagos Bankers Clearing House Representatives awards for exceptional conducts in the year 2009.

The Bankers Clearing House comprises of representatives of the 24 banks and the CBN.

The bank bagged merit awards in error free transmission and punctuality categories while the MD\CEO, John Aboh, bagged a merit award for his unflinching support for clearing house activities.

According to Chairman, Lagos Bankers Clearing House Representatives, Omotayo Emmanuel, Oceanic Bank came 6th out of the 24 banks in the error free transmission category.

He said that ranking in the category was done by the Nigerian Interbank Settlement System Plc (NIBSS) through which all transactions in the banking system were conducted.

He said that after collation of the reports on transactions, Oceanic Bank ranked 6th in error free transactions implying that the bank pays detailed attention to her transactions before coming to the clearing house.

He added that the recognition is a big plus for the bank's efforts at repositioning its service delivery system to become the best in Nigeria.

The bank was rated 3rd in terms of punctuality at the clearing house. The rating was done for the 24 banks by the CBN which keeps register of attendance at the clearing house.

Omotayo opined that timeliness of presentation of clearing instruments by Oceanic Bank has resulted in prompt processing of such instruments.

The Chief Executive of the bank also bagged an award for his immense support to the Lagos Bankers Clearing House.