Koko Maxwella 
ABUJA, Nigeria – Standard Chartered Bank Nigeria Limited will close several branches nationwide starting 15 January 2026, as part of a strategic shift towards digital banking and operational efficiency.
In a statement released on Saturday, the bank said the move is designed to enhance customer service while aligning with changing preferences for online and mobile banking.
“This decision follows careful consideration and is part of our ongoing efforts to optimise services and value propositions for clients,” the bank said in its “Branch Network Update.”
The closures represent the latest phase of a digitisation initiative that began several years ago, aimed at streamlining operations, reducing overheads, and deploying resources more effectively.
Standard Chartered emphasised that service quality will not be compromised, with clients continuing to access banking services through digital channels.
The bank also reassured customers of its financial strength, confirming it has met the Central Bank of Nigeria’s ₦200 billion minimum capital requirement for national commercial banks.
“We remain steadfast in our commitments and will continue to provide best-in-class financial solutions to corporate and retail clients,” the statement added.
Standard Chartered highlighted its focus on connecting clients to opportunities across Asia, Africa, and the Middle East, ensuring that international banking services remain uninterrupted despite branch reductions.
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Oluwatobi Adu 
Edino Chubiyo Cornelius 
