By PROVIDENCE OBUH
The Senate President, Mr. David Mark, has tasked the banking industry on improved services, while commending the advancements in their products and service offerings.
Mark made the comment during a courtesy visit to his Abuja office by the President Chartered Institute of Bankers of Nigeria (CIBN) Mr. Segun Aina.
He advised the sector to ensure that Nigerians have access to finance, regardless of their class or status, even as he acknowledged the industry’s quick and positive response to the global financial crisis.
He advised further that the institute mandate banks to support the growth and development of the real sector of the economy by making loans available to the small and medium scale entrepreneurs at affordable interest rates.
He said, “the senate will support to fast-track all banking and finance bills that would ensure effective, efficient and smooth banking operations thereby engendering the stability and growth of the banking industry.”
In his remark, Aina explained that the visit was part of the efforts to engage major stakeholders in the banking and finance industry, Legislature and Government on various programmes and activities of the Institute.
He stressed the need for National Assembly to collaborate with the Institute on a Seminar on Banking, Finance and Allied Matters for Legislators which would enable both the law makers and bankers to appreciate and understand the peculiarity of each others role and responsibilities. Also he commended the senate for the accelerated handling of bills especially those that affect the industry.