By Ibrahim A Issack:
Family bank has responded to information circulating on social media platforms claiming that the bank was likely to go under receivership and urging those who have an account with the bank to withdraw.
The message read: ‘Hi guys. If you have money with family bank, kindly make sure you withdraw by kesho afternoon CBK is expected to put the bank under receivership due to the NYS scandal.”
In a statement, the bank allayed fears reaffirming that ”Family Bank remains strong and open for business.”
Similar rumors were blamed for the crisis that befall Chase bank early this year.