The Central Bank of Nigeria (CBN) has assured the public that Keystone Bank Limited remains stable and fully operational despite a court order forfeiting the bank’s shares to the Federal Government.
In a statement issued on Friday by the bank’s acting Director of Corporate Communications, Mrs Hakama Sidi Ali, the apex bank acknowledged concerns over the development but maintained that there is no cause for alarm.
It emphasized that the stability of the banking sector and the safety of depositors’ funds remain top priorities.