Finance

No plans to shut down during polls – Banks association

Interest rate hikeNigeria’s top five banks gross N4.5 trillion in one yearwill affect developers - operators

The Association of Corporate Affairs Managers of Banks, the umbrella body of Corporate and Marketing Communications Professionals working in Nigeria’s ban king sector, has debunked the message purporting that the Central Bank of Nigeria is shutting down banking services for five days for Saturday’s presidential polls.

Read:  Seplat’s cash generation, capital investment to boost investors’ fortune

Specifically, the reports claimed that banks would shut down between February 23rd  and 27th.

In a statement issued by the ACAMB on Wednesday, and signed by President, ACAMB,  Rasheed Bolarinwa, the body described the report as fake news.

Read:  With Capacity to boost deposits enhanced, Zenith Bank leads banking sector with 69.9% liquidity ratio

ACAMB assured customers that banks had put adequate measures in place to ensure depositors continue to access money in their accounts during this period.

It added, “Customers who wish to carry out transfers or use electronic banking services will have unhindered access to these services before, during, and after the elections.”

Punch

Related posts

UBA GMD, Uzoka wins finovator of the year award

NigGal

Access bank’s diamondXtra to make millionaires daily

NigGal

AIICO bags 2021 BAFI awards

NigGal

UK announces £10m facility to support food security in Nigeria

NigGal

UBA’s Leo clocks 4, set to further transform digital banking in Nigeria, Africa

NigGal

Nigerian companies raise N246.28 billion from corporate bonds in 6 months.

NigGal

Leave a Comment