First Bank of Nigeria (FBN) has issued a statement reassuring its customers, stakeholders and the public that it operates with the highest standards of ethical conduct and will not engage in any act of illegality. This comes following reports that the bank had been charged to court for forgery. The bank, in its statement, emphasized that it will not comment on the case as it is still sub-judice.
According to FBN, the basis of the charge is a spurious allegation made by a delinquent debtor with the aim 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. The bank further stated that it operates with the highest standards of ethical conduct and will not involve itself in any act of illegality.
FBN reassured its numerous customers, stakeholders and the general public that it will take necessary legal steps to prevent any attempt by recalcitrant debtors to squander depositors’ funds under its custody. The bank remains focused on its mission of providing the best financial services to its numerous customers.
The bank’s statement further affirmed its commitment to providing excellent services and ethical conduct, stating that it will continue to uphold these values even in the face of attempts to tarnish its reputation. FBN urged its customers and stakeholders to disregard the sensational report and continue to have confidence in the bank’s ability to deliver on its promises.
In conclusion, First Bank of Nigeria has made it clear that it operates with the highest standards of ethical conduct and will not involve itself in any act of illegality. The bank has also assured its customers and stakeholders that it will take necessary legal steps to prevent any attempt by recalcitrant debtors to squander depositors’ funds under its custody. FBN remains committed to providing excellent services and ethical conduct to its customers.