Money Market

CIBN, Body of Bank CEOS, Sue for Calm, Reassure Public of Operation of Banks

By Olatunde Dodondawa

The Chartered Institute of Bankers of Nigeria is liaising with the Body of Banks CEOs to address the current challenges. As such, the banks would continue to remain open to serve the public as long as it is safe to do so.

The safety and security of the staff of banks are of paramount importance. Hence, where there is security challenge, the Management of banks have been empowered to take proactive measures to close their operations in such location and inform the Central Bank of Nigeria.

Therefore, the safety concerns being expressed in various quarters are already being addressed. Banks will continue to ensure that adequate security is in place to protect staff and customers whilst safeguarding their assets in contending with the current challenge.

Consequently, we appeal to the general public to remain calm and eschew any act of violence as the banking industry remains resolute and committed to finding ways to address all the related issues.

We indeed appreciate your continued patience and understanding as we work together toward restoring normalcy.

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