From what used to be hours on queue at Automated Teller Machines, some depositors have resorted to spending the night at ATM points just to draw from their savings.
Our correspondent UCHENDU EJOIWHOR monitored the situation at some banks around Rumuokoro, Ikwerre Road and Olu-Obansajo axis of Port Harcourt and reports massive crowds inside the banking halls and at the ATM points outside.
Without any about what could be the cause of the problem, some bank customers took out their frustration on other desperate depositors.
The pressure is further compounded by the need to stock up household items and foodstuff for the Christmas holiday, which is just about twenty-four hours ahead.
Meanwhile; the insufficient cash being experienced at banks may not be peculiar to the Rivers State capital alone.
But there has not been any official statement from any of the banks or the regulatory institutions, explaining the reason for the situation.
