Home News Bank will remain open daily, CIBN assures Nigerians

Bank will remain open daily, CIBN assures Nigerians


The Chartered Institute of Bankers of Nigeria (CIBN) has assured Nigerians that commercial banks in the country would remain open for transactions daily.

Dr Ken Opara, President/Chairman of Council, CIBN, said the institute was liaising with the Body of Banks’ CEOs to address the current challenges caused by the cash swap and scarcity of the redesigned bank notes.

Opara said this in a statement on Saturday in Lagos.

In his statement, the safety and security of the staff of banks are of paramount importance.

“Hence, where there is a security challenge, the Management of banks have been empowered to take proactive measures to close their 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 measures are in place to protect staff and customers whilst safeguarding their assets in contending with the current challenge,” Opara said.

He appealed to the general public to remain calm and eschew any act of violence adding that the banking industry remained resolute and committed to finding ways to address all the related issues.



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