Our Banks Are Not Distressed –CBN
The Central Bank of Nigeria (CBN) has said that no Nigeria bank is distressed contrary to report in an online publication.
CBN described the report credited to an on publication alleging that some deposit money banks in Nigeria are ‘experiencing stress as fictitious.
The Apex bank reaction is contained in a statement signed by Director of Corporate Communications, Ibrahim Mu’azu.
According to him, “the CBN wishes to state categorically that no Nigerian bank is ‘experiencing stress.”
He added that the story published by the online medium was not only untrue and unfounded but that it was a figment of the publisher’s imaginations.
“The CBN hereby assures the banking public that the Nigerian banking system is sound and all banks are in compliance with both the regulatory and prudential requirements. Sanusi makes fresh $20 billion missing oil money claim.”CBN said
The statement continued, “The Governor, on November 24, 2015, during the Monetary Policy Committee (MPC) press briefing, also made it categorically clear that no Nigerian bank is in distress.”
The CBN advised bank customers and the general public to ignore the fictitious publication ,as it was nothing but false and that was no iota of truth it the publication.