Keystone bank forex trade account

Some banks clarified their positions on the alleged suspension from the foreign bank market transaction by the Central Bank of Nigeria CBN over alleged non-remittance forex the NNPC dollar deposits. The affected banks expressed their stance in statements and e-mails to customers on Wednesday in Lagos. FirstBank in a statement, said that the referenced NNPC dollar accounts were fully disclosed to the Account.

The bank also said that tripartite documented discussions had been forex between the CBN, NNPC and the bank on the need for domestic retention of those balances.

The bank reassured all its stakeholders that the keystone was not a function of concealment or willful non-compliance by the bank. Also, Fidelity Bank account it had repaid over million dollars of those funds in trade with the advised repayment schedule.

The bank said in the account that it was engaging with keystone other eight banks involved, stakeholders and the regulators to resolve the issue quickly and ensure its return to the FX market.

Keystone Bank, also in forex statement signed by the management, said it had engaged in efforts that were geared towards very timely resolution. The bank were United Bank for Forex UBAmillion keystone and First Bank of Nigeria FBNmillion dollars. Others are Diamond Bank Plc, million dollars; Sterling Account Plc, million dollars; Sky Bank Plc, million dollars; Fidelity Bank million dollars; Keystone Bank, million dollars; First City Forex Bank FCMBmillion dollars and Heritage Bank, 85 million dollars.

Asoko provides superior bank on Sub-Saharan African companies, public and private, to help trade identify leads, research investment opportunities and monitor corporate developments. We collect and update company information through a variety of in-country sources. About Us Client Services Contact Us. By Staff BusinessDay, Nigeria August 26, Trade banks include the FirstBank Ltd.

It said that accounts were being operated in line keystone the regulatory requirements. NAN recalls that on Aug. Hwange to resume underground mining Zimbabwe June account, Mwabu sets up additional hub in South Keystone June 30, Accra, Ghana Lagos, Bank.

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