Sustainable banking principles will further fortify banks’ business models —CBN

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In view of the biting effects of the novel Coronavirus on business operations, the Central Bank of Nigeria (CBN) has observed that adoption of sustainable banking principles would further fortify business models of Deposit Money Banks (DMBs) in the country.

In a Keynote address delivered at a  Webinar on ‘Enhanced Sustainable Banking (ESB) Model In Event of Major Economic and Business Disruptions,’ organised by the Chartered Institute of Bankers of Nigeria (CIBN) and its affiliate Centre for Financial Studies (CIBNCFS), Mrs Aishah Ahmad, Deputy Governor, Financial Systems Stability, CBN, said there has been an increasing focus on sustainable business over the past few…



Source: Nigerian Tribune