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Home»Money Market»Banks To Remain Open To Ease Cash Circulation Crises- CIBN
Money Market

Banks To Remain Open To Ease Cash Circulation Crises- CIBN

By Orientalnews StaffFebruary 18, 2023No Comments2 Mins Read
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Yemisi Izuora

The Chartered Institute of Bankers of Nigeria is cooperating with the Body of Banks Chief Executive Officers, CEOs to address the current challenges associated with newly designed Naira circulation.

As such, they 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, said Ken Opara, President/Chairman of Council, of the Institute in a statement made available to Oriental News Nigeria.

“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.

“We indeed appreciate your continued patience and understanding as we work together towards restoring normalcy.” Opara added.

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