ABUJA, Nigeria – So Standard Chartered Bank don decide say dem go close account wey no reach their new minimum balance wetin dem don set for February 28, 2026. This one na part of di bank strategy to phase out Personal Banking segment and introduce wetin dem dey call Emerging Affluent segment. E be like say dem dey ginger wealth, no more small small paddy-paddy.
According to di notice wey dem release, if your account no reach di N7.5 million mark by di deadline, abeg say goodbye to your banking relationship with dem (no vex, no hard feelings, na just business). So, if you dey house dey think say you go just continue as usual, abeg think again o!
Standard Chartered Bank talk say dem go still maintain some branches for Abuja and Rivers State, but na only selected ones go dey operate – e be like dem dey map out their territory like king for dem own jungle. Di bank gree say customers wey wan leave fit transfer their money to other banks before di deadline, or meet branch reps for assistance if e dey vex dem for heart.
But no forget say dem online and mobile banking platforms go dey fully functional, so you fit still manage your funds as e dey possible. Dem dey encourage all customers to ensure say their Assets Under Management (AUM) pass di new minimum balance requirement to continue enjoying di Standard Chartered services.
To further show say dem serious, di CEO, Dalu Ajene, don confirm say dem don already meet di Central Bank of Nigeria’s N200 billion requirement for national commercial banks ahead of di 2026 deadline. Na wetin dem call confidence boost for di country, so make everybody dey shine their eyes as e dey happen.
Dis kind restructuring no too dey shock people, as all di banks dey jost for wealthier clients, and Standard Chartered no wan left behind. If your bank account dey below N7.5 million, na time to step up your money game or face closure. So, whether na big man or small man, everybody dey look for how to keep their wealth safe. Na here we dey!
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