“We Are At The Forefront Of Sustainable Banking In Nigeria – Okolie

At the just concluded Sustainable Banking Roundtable organised by the Central Bank of Nigeria (CBN), the Deputy Managing Director of Access Bank Plc, Ms. Chizoba Okolie, said “we are at the forefront of Sustainable Banking in Nigeria”.

Chizoba Okolie made this statement in Abuja on Tuesday while speaking at the Sustainable Banking Roundtable.

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According to her “Creating a society where sustainable development lies at its core has become a priority for us at Access Bank, she said.

“We initiated and led the development of Nigerian society banking principles, a set of nine principles approved by the CBN to guide the Nigerian banking industry to embed sustainability in their business operations and practices.

“We also work with United Nations Environment Programnes Finance institute and other leading banks as the only West African banks to develop the principles for responsible banking.

“The principles serve as the global standard of benchmark for banking decisions to form responsive financial institutions.

“Serving as Africa’s consultative leader will galvanise five Nigerian banks and their CEOs to become signatories to the principles.

“We also work with United Nations Environment Programmes Finance institute and other leading banks as the only west African bank to develop the principles for responsible banking. The principle serves as the global standard of benchmark for banking decisions to form responsive financial institutions.”

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CBN building and logo

The bank chief said  Access Bank’s commitment to sustainability has yielded great benefits, adding: “We have significant progress in embedding sustainability as a core of our business decisions, operations, and practices.”

In her remarks, Special Adviser to the Governor of the Central Bank of Nigeria, Dr. Aisha Mahmood, noted that since the adoption of the Nigerian sustainability banking principles, Nigerian financial institutions had been integrating economic and social frameworks to manage risks and opportunities in their business processes and activities.

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