The Central Bank of Nigeria has reassured the customers of Keystone Bank Limited of stability of the commercial bank.
An Ikeja Special Offences Court on Tuesday ordered forfeiture to the Federal Government, of Sigma Golf Nig. Ltd. rights, title and interest in 6,250,000,000 units of the Keystone Bank Ltd. ordinary shares of N1.00 each.
Following this forfeiture of shares, there have been uncertainties regarding the operation of the Keystone Bank, especially the safety of depositors’ funds.
To disabuse the agitated minds of the customers, the apex bank in Nigeria reassured citizens of the bank’s continued operation.
A statement signed by Hakama Sidi Alli, the acting director, Corporate Communications at the Central Bank, reads:
“Following the court order that the shares of Keystone Bank Limited previously held by the shareholders be forfeited to the Federal Government of Nigeria, the Central Bank of Nigeria (CBN) wishes to reassure the public that Keystone Bank Limited remains safe, sound, and fully operational.”
“We acknowledge that this development may have triggered customer concerns, however, we wish to underscore that the stability of the banking system and the safety of depositors’ funds remain our top priority. Keystone Bank’s operations are entirely secure, and there is no need for concern.”
The apex bank assures the customers that their funds remain intact and no need for concern.
It further emphasizes its commitment to safeguarding the interests of customers, depositors, and stakeholders.
