By PROVIDENCE OBUH

Chartered Institute of Bankers of Nigeria (CIBN) has assured continued support for banking industry, especially the Micro-finance Banks (MfBs) sub-sector operating inthe country to realize their objectives, commending Accion Microfinance Bank (AMfB) for its commitment to financial inclusion.

President/Chairman of Council, CIBN, Mrs. ‘Debola Osibogun, gave the commendation during her visit to the bank’s head office in Anthony, Lagos. She further commended the bank’s relentless support for the development of microfinance and efforts towards empowering micro-entrepreneurs and low-income earners. Osibogun said that the bank contributions to the institute’s endowment fund would further engender professionalism and stimulate improved performance by students writing the CIBN Microfinance Certification Examinations.

“This is a valuable contribution towards supporting capacity building for the microfinance banking sector and by extension, the economy at large,” she said, encouraging MfBs in the country to work out processes of accessing the intervention fund provided by the Central Bank of Nigeria for economic development as well as develop business strategies that would enable them attract targeted customers.

She stated that the Institute’s core mandates includes determination of the standards of knowledge and skill to be attained by persons seeking to become members of the banking profession; conduct of professional examinations leading to the award of certificates as may be prescribed by the Institute and ensuring the furtherance, maintenance and observance of ethical standards and professionalism among practitioners of the banking profession in Nigeria.