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CIBN Appeals for Calm, Assures of Banks’ Operation as Long there is Safety of Staff

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CEM REPORT, FINANCE | The Chartered Institute of Bankers of Nigeria has assured bank customers of efforts to address the crisis rocking the banking and financial industry in Nigeria following the implementation of the currency redesign policy by the Central Bank of Nigeria.

In a statement signed by the President and Chairman of Council, CIBN reassures the public of the commitment of Nigeria Banks to continue to be open to customers as long as the environment is safe to do so in terms of security of personnel and facilities.

Following the titled of the statement; CIBN, BODY OF BANKS CEOS, SUE FOR CALM, REASSURE THE PUBLIC THAT THE BANKS WILL REMAIN OPEN SO LONG ITS SAFE TO DO SO, CIBN said is liaising with the Body of Banks CEOs to address the current challenges and ensure normalcy to the banking and finance industry.


CIBN Press Statement reads;

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 staff of banks is 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 are 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 remain resolute and committed to finding ways to address all the related issues.

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