The United Nations Principles for Responsible Banking have been signed by the Bank of Industry (BOI).
It is a unified framework for a sustainable banking industry that was created through a collaboration between banks throughout the world and the United Nations Environment Programme Finance Initiative (UNEP FI).
This was disclosed by the Managing Director/Chief Executive Officer, BOI, Olukayode Pitan.
He said in a statement that the bank was honoured to be the first development finance institution in Nigeria to commit to the UNEF FI principles for responsible banking alongside other leading DFIs in the international space.
“This global framework strengthens our approach to addressing the sustainable development challenges of our economy by critically analysing our market to identify pressing needs of our communities, environment & customers,” he added.
