Oceanic Bank International Plc has recovered non-performing loans in excess of N35billion in order to stimulate its growth potentials.

The Bank’s Managing Director/Chief Executive Officer, Mr. John Aboh, disclosed this recently in Lagos, while speaking on the plans to stimulate growth through the bank’s new corporate campaign.

Aboh said the bank is well positioned to achieve growth through its new four executive directors, among other stakeholders, in the industry.

He said: "With the coming of four new executive directors who are tested professionals of high standing in the financial services sector and a growing service delivery and best practices orientation, I must say that Oceanic Bank remains a frontline player committed to effective service delivery, returns on investment and building a stronger Nigeria"

The banks Chief Executive Officer (CEO), said that the directors have since resumption enhanced the company’s profile and operations, adding that they came with diverse experience in banking, management and finance.

In a related development, the bank has entered into partnership with TATA Auto Company to develop the youths and further grow the economy.

According to the bank CEO, the initiative is expected to give the Oceanic Talent Hunt Project a boost and further bring out the best in the Nigerian youth.

He said its mission is to empower the Nigerian youth through the ongoing football talent hunt reality show, noting that it has entered into a similar arrangement with GlaxoSmithKline (GSK) to ensure growth.

Also, the auto firm has described the partnership as part of efforts to empower youths in the country.