Our attention has been drawn to a sponsored sensational report by some online
publications on a charge brought against the Bank.
While we will not be able to oer further comments as the matter is sub-judice,
suffice it to say that thebasis of the charge is a spurious allegation made by a
delinquent debtor with the intention of embarrassing the Bank and tainting the
Bank’s loan recovery efforts and legal enforcement of its security collateral interest
in accordance with the terms thereof.
We wish to assure our numerous customers, stakeholders and the general public
that FirstBank operates by the highest standards of ethical conduct and will under
no circumstances involve itself in any act of illegality just as it will take necessary
legal steps to check any attempt by recalcitrant debtors to fritter away depositors’
funds under its custody. Furthermore, FirstBank remains focused on its mission of
providing the best financial services to its numerous customers
