By Seyi Babalola
The Central Bank of Nigeria has stated that there are no plans to remove the licenses of Fidelity, Wema, Polaris, and Unity Banks.
Mrs Hakama Sidi Ali, the acting Director of the Corporate Communications Department, issued a statement on Monday clarifying the situation.
Recall that a circular circulated on Monday, claiming that the apex bank had disbanded the boards of the three banks shortly after withdrawing Heritage Bank’s license.
However, the apex bank spokesperson described the claim as false.
CBN reassured members of the banking public of the safety of their deposits and the banking system’s resilience.
“Without prejudice to the ongoing recapitalization process, I want to restate that the Nigerian banking industry remains resilient.
“Key financial soundness indicators remain within current regulatory thresholds.
“Customers are, therefore, encouraged to proceed with their transactions as usual, as the CBN is committed to ensuring the safety of the banking system,” she stated.
