Keystone Bank resilient, in stronger position — CEO, Imam

A reputable financial institution in Nigeria, Keystone Bank Limited, has again reaffirmed the Central Bank of Nigeria’s (CBN) position that it remains safe, healthy, strong, and resilient and that there is no plan by the apex bank to withdraw its licence.

A statement on Tuesday, signed by the Managing Director and Chief Executive Officer of the bank, Mr Hassan Imam, said the clarification became necessary because of the incessant releases of fake news that are being circulated on the social media space, especially the WhatsApp platform.

Mr Hassan Imam urged its customers and stakeholders to disregard the allegations as they are false.

According to the bank’s chief, “We wish to set the records straight that we are strong and have continued to grow our balance sheet while delivering exceptional value to our stakeholders.

“We are actively pursuing legal action against those responsible for spreading fake news and are committed to holding them accountable.

“As a bank, we have continued to operate from a position of financial strength, consistently meeting our obligations as well as all regulatory requirements.

“Our retail banking services have also been recognised for excellence, ranking second in the industry according to the KPMG BICX 2023 Report, and the bank emerged as the ‘Retail Bank of the Year’ at the Africa Industrial and Development Conference and Awards 2024.

“The recent appointment of the Board of Directors by the Central Bank of Nigeria, comprising seasoned and experienced bankers and professionals from diverse fields, further strengthens our governance structure,” he noted.

ALSO READ THESE TOP STORIES FROM NIGERIAN TRIBUNE 

• Benue senator decry continue herdsmen attack on LGA

• How I joined cultism to benefit from land grabbing —Suspect

• Fuel import: No fresh case filed against NNPCL, others — Dangote Refinery

• PDP governors meet over Damagum, NEC

• Dangote Refinery asks Court to void import licenses of NNPCL, Matrix, four others

• No vacuum in governance with Tinubu, Shettima outside Nigeria — Presidency