Sanat Rao who is also the Head of Business Consulting Group at Infosys Technologies in India. Because of the importance of this lecture, Mr. Rao flew in from India to honour our invitation and will be departing Lagos to India later this night. I have no doubt in my mind that Mr. Sanat Rao will do justice to the topic of the day. We look on our client relationship rather in the way one does a freindship. Getting to know and understand one another is crucially important and starts from the very first meeting.
Trust takes time to build, of course, but is essential for our long-term success.
Director,Banking Supervision Department CBN Private banking offers its clients some secrecy, which appeals to most conservative investors. In Switzerland, the home country of the biggest International private banks, secrecy is paramount. Private banking is characterised by the use of secret codes known by only the bank and the Individual client and these forms the basis of Interaction with the bank. It is also proof of the intemationalisation of the stock trade. Using the Nigerian capital market,state governments can also access foreign currency-denominated capital, using any or a combination of financing instruments in the international financial markets to which the Nigerian market is now co nected following the internationalisation of the market in 1995.