Home BUSINESS BANKING & FINANCE Henceforth, Any Bank Under Threat Will Be Shut Down – Bankers’ Institute

Henceforth, Any Bank Under Threat Will Be Shut Down – Bankers’ Institute

The Chartered Institute of Bankers of Nigeria is liaising with the Body of Banks Chief Executive Officers to shut down any Bank in the country that is threatened with attack.
A statement today, February 18, signed by the President/Chairman of the Council of Chartered Institute of Banks in Nigeria (CIBN), Dr. Ken Opara, assured that 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 operations in such location and inform the Central Bank of Nigeria.”
Dr. Ken Opara who promised that the Institute, along with relevant bodies, would move fast to address the current challenges, said that 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 the assets of the banks 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.
“We indeed, appreciate you for your continued patience and understanding as we work together towards restoring normalcy.”

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