Polaris Bank has clarified that it did not violate any law in a recent disengagement of some staff which it said was done in line with the terms of the contract guiding their engagements.
This is in reaction to a report of the picketing of its headquarters by National Union of Banks, Insurance and Financial Institutions Employees, NUBIFIE, yesterday by a section of the media.
The Bank disclosed that it has engaged and will continue to engage the union to resolve any lingering labour matters, emphasising that a cordial relationship has existed between it and the union over the years and believes that concerns raised by either party can be effectively addressed through dialogue.
“Polaris Bank remains committed to fostering a harmonious working relationship and ensuring the well-being of its employees,” it said in a statement made available to Nigerian NewsDirect.