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Banks lost 5 billion naira due to the destruction of facilities over naira shortage

The Association of Senior Executives of Banking, Insurance, and Financial Institutions has revealed that banks have lost an amount of N5 billion nationwide, following recent attacks and destruction of facilities. bank.
ASSBIFI President Oluwole Olusoji revealed this on Thursday during a press conference in Lagos.

He said that in addition to the bank building burning down and the ATM being destroyed, bank officials were also affected.

Olusoji said 17 bank branches have been hacked so far.

As a reminder, several commercial establishments have been destroyed by protesters across the country, following the scarcity of naira banknotes. revive,

“Notwithstanding the insecurity due to the destruction of business premises within the banking industry, and the impact on insurance organisations, we remain committed to go the extra mile in providing service to our customers in safe and secure environments.

“However, we value the lives of our members and colleagues and will not put them at any further risk. We have, therefore, put them on alert and shall instruct them without further warning to immediately stay away from their branches if these attacks on our members and facilities continue until such a time that they can be guaranteed their personal safety and the security of their workplaces by the relevant authorities.

“We call on the public to desist from threatening or attacking our members, or destroying our properties as they will be only proverbially cutting their noses to spite their faces. We can only give what we have been provided with and nothing more,” Olusoji said.

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