Stop Giving Female Bankers Unrealistic Targets-CBN Warns Bank

Will banks comply? This is what we should be asking. Nigerian banks have been attacked with complaints from their staffs and ex-staffs the unrealistic targets they are given. This is why the Central Bank of Nigeria’s Banking Supervision Department who was representing CBN Governor Godwin Emefiele had this to say.

According to him, forcing bank marketers, especially females to meet unrealistic deposit targets could influence their decision to engage in illegal and immoral acts. 

On what the CBN is doing to stop this practice, he said: “The CBN is using moral suasion. We have been talking to banks about it. It is a continuous effort that we are making and we see the trend coming down. We cannot sanction the banks because it a completely business decision. But then we are telling banks that it is a wrong business decision. We have been speaking to them to change the strategy because it is affecting the banking culture and the landscape of the industry”