Your funds are safe, apex bank tells customers
The Central Bank of Nigeria (CBN) has confirmed that it will continue to manage Keystone Bank Limited, following a recent court order that transferred ownership of the bank’s shares from private shareholders to the Federal Government of Nigeria.
This announcement was made on Friday in a statement from Hakama Sidi Ali, Acting Director of Corporate Communications at the CBN.
In light of the court ruling, which has raised concerns among customers, the CBN stated that “Keystone Bank is safe, sound, and fully operational.”
The apex bank reassured the public that “the stability of the banking system and the safety of depositors’ funds remain our top priorities.” The CBN further stated that customers have no reason to worry about their funds at Keystone Bank.
Hakama Sidi Ali clarified that the court ruling mainly confirmed the CBN’s earlier decision to take over the bank’s management in January 2024 after a leadership change.
The CBN she disclosed has since been closely monitoring Keystone Bank to ensure that it complies with all necessary regulatory standards and maintains operational transparency while prioritizing the interests of depositors.
She stressed the CBN’s commitment to protecting the financial system and enhancing public trust. Ali affirmed that they would continue to oversee the Keystone Bank’s performance and take all necessary actions to safeguard the interests of depositors, employees, and other stakeholders.
Customers of Keystone Bank are encouraged to reach out to the bank’s customer support services or visit any Keystone Bank branch for any questions or concerns they may have. The CBN said it aims to ensure that all customers feel secure and informed during this transition period.
