CBN empowered banks to close whenever under attack – CIBN

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Lagos, Feb. 18, 2022 – The Central Bank of Nigeria CBN) has empowered banks to close their operations whenever they are being attacked by hoodlums.

The Chartered Institute of Bankers of Nigeria (CIBN) said this in a statement on Saturday, stressing that banks would only continue to remain open to the public as long as it was 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.

“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.

“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,” the statement said.(GBN)

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