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Olive Microfinance Bank assures customers of safety of deposits

The management of Olive Micro-finance Bank has assured its customers of  safety of their deposits. This is a follow up to publication in some of the national media in respect of the names of some micro finance banks whose licenses have been recommended for revocation.

The Deputy Managing Director of Olive Micro-finance Bank Limited, Mr Eniola Agbesoyin said in a statement that the management observed a mixed up in the list. He assured customers that the board of directors and the management of the bank have taken steps to address this mixed-up with the relevant regulatory authorities.

“As a good corporate  citizen, we trust in the ability and objective of the Central Bank of Nigeria (CBN) in bringing sanity into the financial sector”, he pointed out. He said: “We therefore implore all our stakeholders and customers to remain calm as their investments/deposits are safe with us and will be paid on demand”.

“Olive Micro-finance Bank  has since inception remained open for business and satisfied the needs of  our customers and stakeholders till date”, Agbesoyin added.


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