Heritage Bank

Heritage Bank has reacted to what it called a malicious and untrue report trending online, titled, “Heritage Bank Should be Shut Down- Company Tells Court, CBN”. The story also implies the bank’s financial and liquidity condition that questioned the ability of the bank to honour its obligatory engagements with a customer, Geonel Integrated Services Limited.

The allegation, according to the bank, is not true as the Geonel Integrated Services Limited’s account is currently being investigated for financial crimes by the Economic and Financial Crime Commission (EFCC).

According to Heritage: “However, the bank was advised formally to freeze the account by the federal agency through court injunction pending when the investigation will be concluded.

“The investigation is still ongoing and the bank is under obligation to respect a valid order of court.

“We want to state categorically that Heritage Bank is not distressed as being malevolently reported, the bank is capable to honour its obligations to customers and numerous stakeholders alike.”