The Bank described the report as false information which is intended to derail and misinform the banking public on its financial state.
According to a statement made available to BrandArena reads, “Whilst we acknowledge the challenging operating environment currently experienced in all sectors of the economy, Heritage Bank remains financially stable and has continued to discharge its obligations to all customers and stakeholders.
“The Bank wishes to assure all customers and stakeholders of the safety of their deposits and financial transactions in line with our commitment to a strong service culture and sound corporate governance practice.”
In the same vein, Isaac Okorafor, Acting Director, Corporate Communications of Central Bank of Nigeria (CBN) in a circular released affirmed that Heritage Bank is not in distress, urging its depositors to go about their transactions without fear.
Okorafor, also said, “For the avoidance of doubt, we wish to further state that no Nigerian Bank is in distress.
“The CBN, as the industry regulator, has a duty to depositors, in particular, and the economy, in general, to ensure the soundness of all financial institutions.
“We therefore, wish to assure all depositors of the safety of their deposits.
“The CBN also wishes to state that it will remain alive to its responsibility of ensuring banking system stability and soundness through constant monitoring and supervision of all licensed institutions.
“The Central Bank of Nigeria wishes to reiterate that the banking system remains resilient enough to weather the current economic storm.”