Governor Sheriff Oborevwori of Delta, has described the state as safe and secure for investments, lauding Premium Trust Bank for establishing a solid foundation in just three years.
Oborevwori said this at the inauguration of a new branch of the bank in Effurun, which is the 21st branch of the bank and its second in the area.
He attributed the relative security of life and property in the state to the reason many interests and corporate groups, including Premium Trust Bank, preferred to invest in Delta State.
“The state offers immense lucrative opportunities for investments and has enough of the vital resource of quality manpower to meet the needs of industry and other commercial undertakings in the state,” he said.
The governor commended the bank for its appreciable progress in the last three years, highlighted by innovation, high-quality banking services, and excellent customer relations.
He commended the Managing Director of the bank, Pastor Emmanuel Emefienem, for his vision, courage, and dedication to the service of both God and humanity.
Oborevwori expressed optimism about the bank’s potential to generate employment in the state, urging the bank to prioritise employing youths from the local community.
“By practicing both corporate and social responsibility, the bank can foster strong community relations and earn the trust of its host community,” he said.
The Governor emphasised that the establishment of the bank signals growing investor confidence in in State, which he described as safe and conducive for business.
“While some security challenges persist, no society enjoys 100 per cent security. Nevertheless, we are doing a lot to address these issues,” he explained.
Earlier, the Managing Director of Premium Trust Bank, Mr. Emmanuel Emefienem, described the opening of the new branch as a reflection of the bank’s unwavering commitment to building trust, fostering prosperity, and empowering communities.
He highlighted the bank’s remarkable milestones, including reaching a balance sheet size of one trillion naira by the end of 2024 and being ranked among the top 12 most profitable banks in Nigeria.
Emefienem also emphasised the bank’s alignment with the State government’s developmental agenda and pledged ongoing collaboration with the government to create an enabling environment for businesses, empower SMEs, promote financial inclusion, and deliver sustainable value.
He dedicated the new branch as a hub for opportunity and prosperity, promising a continued partnership in driving collective progress.
