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Heritage Bank denies liquidity problem


The management of Heritage Bank has denied report that it is next in line for a Central Bank of Nigeria (CBN) takeover. The apex bank had taken over the management of Skye bank and sacked its board for failing to meet the minimum key liquidity and capital adequacy ratios.

Shortly after the Skye bank takeover however, Online newspaper, Sahara Reporters tweeted that Heritage bank, led by Ifie Sekibo, will follow in the footstep of Skye Bank.

Reacting to the publication which gained lots of traction, the bank denied the report and threatened to take action against those bearing what it described as unfounded rumours about it.

“This is falsehood and at best reckless journalism meant to destroy the emerging bank. For the avoidance of doubt, the Central Bank of Nigeria has no such plan towards the bank,” the bank said in a statement.

In view of this, the bank urged its customers and the general public “to disregard the wicked misinformation, clearly borne out of the imagination of the mischief makers and continue enjoying the excellent service the bank is rendering to its growing clientele.”

“The bank will also leave no stone unturned to ensure that those peddling unfounded rumours and speculations are brought to book”.

  • Daniel Fayemi for

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