CIBN, Liberia Collaborate to Improve Banking Sector

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  • CIBN, Liberia Collaborate to Improve Banking Sector

The Chartered Institute of Bankers of Nigeria has signed an agreement with the Central Bank of Liberia and the Liberia Bankers Association for the establishment of a CIBN examination centre and provision of technical assistance for the proposed Bankers Institute of Liberia.

The CIBN, in a statement on Monday, said the development was in furtherance of one of its objectives to become Africa’s foremost professional body in the provision of capacity building for the banking and finance industry.

This was the second time the institute executed a cross-border agreement with a professional body and central bank within the West African sub-region.

The CIBN had in 2012 signed a similar agreement with the Central Bank of The Gambia.

The agreement is currently yielding positive fruits as banking professionals in The Gambia have completed different stages of the CIBN examinations.

According to a statement, the objective of the relationship is to nurture and produce skilled workforce for the Liberian banking sector.

It read in part, “This auspicious occasion has the potential of elevating and improving the competency and skills of those working in the Liberian banking industry.

About the Author

Samed Olukoya
CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade long experience in the global financial market. Contact Samed on Twitter: @sameolukoya; Email: [email protected]

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