The People’s Bank has issued a statement clarifying that they have not received any direct or indirect requests or instructions from any state institution to close their accounts with them.
The release in full:
“We wish to strongly emphasize that Peoples Bank has always been a trusted partner for state organizations in providing reliable banking services, including instances where such services were provided at the expense of profitability, in order to serve the country’s best interests.
“Our institution is well-equipped to meet the financial needs of all our Public and Private sector customers and we have a strong track record of providing customized banking solutions that cater to their unique requirements.
“We take this opportunity to thank our customers for their continued trust in us, and look forward to serving them with our full commitment and dedication.”