FBN: Why banks cannot comply with order lifting restrictions on GHL’s accounts

n view of the pending Appeal and Motion for Injunction, banks are expected to maintain the status quo.

FirstBank remains committed to protecting the interests of its shareholders, depositors, and stakeholders.

‘’We will continue to pursue all available legal avenues to recover unserviced debts from debtors, ensuring that those who have defaulted on their obligations are held accountable.

‘’We wish to seize this medium to assure all our valued stakeholders that FirstBank remains strong, stable and fully committed to resolving this issue in line with the provisions of the law.

‘’We are actively addressing all matters at hand with transparency and diligence, while remaining focused.’’