The Central Bank of Nigeria (CBN) has reassured customers of Keystone Bank Limited of the safety of their funds.
In a statement on Friday, the CBN’s Acting Director of Corporate Communications, Hakama Sidi Ali, said the bank remains safe and fully operational.
She added that CBN would continue to monitor the bank’s performance.
The statement read: “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 priorities.
“Keystone Bank’s operations are entirely secure, and there is no reason for concern.
“For clarity, the Court Order merely reaffirmed the Central Bank of Nigeria’s prior decision to take over the management of Keystone Bank Limited in January 2024, following a change in its leadership.
“Since then, the CBN has closely monitored the bank’s operations to ensure they are in full compliance with regulatory standards, operational transparency, and the interests of depositors.
“As part of our commitment to safeguarding the financial system and building public trust, we shall continue to monitor the bank’s performance.”
Ali-Sidi also said the CBN would take all necessary steps to protect the interests of depositors, staff, and stakeholders.
By: Babajide Okeowo