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Home Banking News

FirstBank Refutes Report, Reiterates Commitment To Ethical Practices…

newsonspotadmin by newsonspotadmin
March 31, 2023
in Banking News
Reading Time: 1 min read
0
FirstBank

The management of FirstBank of Nigeria Limited has assured its teeming customers that it would maintain the highest level of ethical standards and regardless of any campaigns of calumny targeted at it.

In a rebuttal of an online report against it the management said:

OFFICIAL STATEMENT

“Our attention has been drawn to a sponsored sensational report by some online publications on a charge brought against the Bank.

While we will not be able to offer further comments as the matter is sub-judice, suffice it to say that the basis of the charge is a spurious allegation made by a delinquent debtor with the intention of embarrassing the Bank and tainting the Bank’s loan recovery efforts and legal enforcement of its security collateral interest in accordance with the terms thereof.

We wish to assure our numerous customers, stakeholders and the general public that FirstBank operates by the highest standards of ethical conduct and will under no circumstances involve itself in any act of illegality just as it will take necessary legal steps to check any attempt by recalcitrant debtors to fritter away depositors’ funds under its custody.

Furthermore, FirstBank remains focused on its mission of providing the best financial services to its numerous customers.”

Tags: FirstBankNewsonspotRebuttal
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