CBN calls on banks to consider sustainability principles when lending money – Nairametrics

The Central Bank of Nigeria assured Nigerians that financial institutions will now take sustainable banking principles into account when lending.

This was revealed by the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, in a statement issued during the celebration of World Environment Day.

The statement said in part:

The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, stressed the need for Nigerians to protect the ecosystem, warning that from now on, banks will take sustainable banking principles into account when lending money to clients. individuals and businesses.

The Nigerian banking sector is committed to protecting the environment by ensuring that the principles of a sustainable banking are taken into account when banks consider which they offer credit.

Emefiele urged Nigerians to strive to make the environment green by restoring the ecosystem and avoiding pollutants that destroy the earth.

“The environment must go green. We need to join the global community to ensure that we clean the environment and rid the ecosystem of pollutants that are harmful to us, ”he added.

Troy M. Hoffman