Keystone Bank Limited has reaffirmed the Central Bank of Nigeria (CBN)’s assurance that it remains safe, healthy, strong, and resilient, with no plans for the apex bank to withdraw its license. This clarification follows the spread of fake news on social media, particularly on WhatsApp.
In a statement issued by Managing Director and CEO Mr. Hassan Imam, the bank urged customers and stakeholders to disregard these false allegations. He emphasized the bank’s ongoing financial strength and growth, stating, “We are strong and have continued to grow our balance sheet while delivering exceptional value to our stakeholders.”
Mr. Imam also announced that Keystone Bank is pursuing legal action against those spreading misinformation, highlighting the institution’s commitment to accountability. He noted that the bank consistently meets its obligations and regulatory requirements, and its retail banking services have received industry recognition, ranking second according to the KPMG BICX 2023 Report. Additionally, Keystone Bank was named ‘Retail Bank of the Year’ at the Africa Industrial and Development Conference and Awards 2024.
The recent appointment of a new Board of Directors, comprising experienced bankers and professionals, further enhances the bank’s governance structure, reinforcing its commitment to transparency and excellence in service delivery.