Following incessant attacks on commercial banks’ facilities across the country as depositors vent their frustrations on naira scarcity, the Chartered Institute of Bankers of Nigeria (CIBN) and the Body of Banks CEOs have begun collaboration to address the lingering challenges.
CIBN President, Dr Ken Opara, in a statement assured that banks would always remain open to serve the public as long as it is safe to do so.
CIBN President, Dr Ken Opara, in a statement assured that banks would always 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 managements of banks have been empowered to take proactive measures to close operations in such locations 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 the assets of the banks in contending with the current challenge”, Opara explained.
While appealing to the public to remain calm and let the dove of peace fly as the currency redesign programme is being implemented, Opara noted that violence would hamper efforts to address all noted challenges.
He said that the banking community was working together towards restoring normalcy.
CIBN’s intervention is coming when the organised labour in the banking sector, under the aegis of the Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) ordered members to stay off work in any state where bank branches are being attacked.
The union said that the move became necessary to secure the lives of its members who have been at the receiving end since the ugly incident began.
