It Sure Beats A Free Keychain

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Nigerian banks reportedly use attractive women (and most likely a few additional services they may or may not provide) to “persuade” customers to open accounts. Some, including Nigerian Senate President David Mark, think that this practice isn’t in the true spirit of retail banking, which is pretty much the least sexy thing on the planet. Mark is calling for a ban of the practice.
The Nigerian central bank ordered the consolidation of the country's banking sector in 2005, reducing the number of banks from 89 to 25. Part of the rationale for consolidation was that the banks would become “more efficient” and not have to use women to attract new business. Despite relative success on the Lagos stock market, Nigerian banks are in large part propped up by government agency deposits and do little retail business. That’s where the babes come in…
Hey, big boy! Any interest? [Reuters]

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