We should not use social media to bring down banks
On Thursday November 17, I was accosted by some journalists from a media house as I entered a bank, which had suffered plenty of negative social media campaigns on its stability. They sought my views on that and whether I have heard some rumours about the bank failing. This, they said, followed some posts on Facebook and Twitter as well as WhatsApp indicating there were concerns raised about its financial stability. I was categorical in the interview that we must do whatever it takes to salvage it and probably any other bank. I was firmer that, considering we managed to salvage Chase Bank this year, we must do whatever we can to ensure no other bank falls. Whatever the circumstances the said institution may have been in, we must protect the banking industry. There should be controls and measures when such reckless information is floated around for whatever reason.
HARRISON IKUNDA Nairobi