**Nigeria's Banking System: Proof of Resilience Amid Regulatory Scrutiny** Following the Central Bank of Nigeria's (CBN) recent Monetary Policy Committee (MPC) press briefing, Union Bank has reaffirmed its position as a stable and resilient financial institution. This comes as no surprise to those who have closely followed the banking sector's journey in recent times. During the press briefing, CBN Governor Olayemi Cardoso provided insight into the regulatory framework governing institutions under intervention. He emphasized that these institutions face unique challenges that require a tailored approach, different from those that have had ample time to prepare for recapitalization. This clarification was in response to media queries about the operational status of banks under regulatory oversight. Union Bank's Chief Brand and Marketing Officer, Mrs Olufunmilola Aluko, welcomed the CBN Governor's remarks as a testament to the bank's consistent messaging to stakeholders. According to her, the bank remains a going concern with stable operations, a resilient franchise, and uninterrupted service delivery across all channels. This reassurance is crucial, given the ongoing system-wide recapitalization program aimed at strengthening Nigeria's banking sector. Union Bank has maintained that customer deposits are safe and secure, a position that has not changed despite regulatory engagements. The bank is working closely with the CBN to ensure full compliance with the applicable structure. This commitment to transparency and cooperation is essential in building trust with stakeholders. As the banking sector continues to navigate the challenges of regulatory oversight and recapitalization, Union Bank's resilience is a testament to the industry's ability to adapt and thrive. With a focus on customer protection, financial stability, and service continuity, the bank remains committed to its core values.