The Association of Senior Employees of Banks, Insurance and Financial Institutions, an umbrella group of banking industry personnel, revealed that banks lost N5 billion as a result of protestors’ attacks on assets due to currency scarcity.
Oluwole Olusoji, the group’s president, made the announcement in Lagos on Thursday.
He went on to say that demonstrators have stormed 17 commercial banks around the country.
He explained that bank buildings were burnt and Automated Teller Machines destroyed while bank officials were also attacked.
“We call on the public to desist from threatening or attacking our members or destroying our properties as they will be only proverbially cutting their noses to spite their faces. We can only give what we have been provided with and nothing more,” Olusoji said.
