First Bank of Nigeria, one of Nigeria’s top banks, has come out to refute claims made by an online publication whose sole intention is to damage the image of the bank.
In an official statement released to Okay.ng, the bank stated that the allegations were baseless and were made by a delinquent debtor with the intention of embarrassing the bank and undermining its efforts to recover loans.
The statement read, “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.”
The statement further clarified that First Bank of Nigeria operates by the highest standards of ethical conduct and would under no circumstances involve itself in any act of illegality.
It also stated that the bank would take necessary legal steps to check any attempt by recalcitrant debtors to fritter away depositors’ funds under its custody.
The bank, in its statement, assured its numerous customers, stakeholders, and the general public that it remains focused on its mission of providing the best financial services to its numerous customers.
