Standard Chartered Bank Nigeria Limited has debunked reports that the bank is closing its branches in Nigeria.
It disclosed this in a statement while reacting to an allegation contained in the House of Representatives Ad Hoc committee report on the assets and liabilities of the Nigerian National Petroleum Company Limited.
The Ad Hoc committee had reportedly stated that “Standard Chartered Bank is closing all its Nigerian branches and the nation has so much to worry about, considering the huge funds warehoused therein in the names of NAPIMS (National Petroleum Investment Management Services ) and NNPC.”
But the bank, in its statement issued by the Head, Corporate Affairs, Brand and Marketing, Standard Chartered Bank, Dayo Aderugbo, said the allegations, as published by the media, were “completely false.”
It added, “Standard Chartered Bank Nigeria Limited is fully committed to Nigeria and remains operational with branches in Lagos, Port Harcourt and Abuja. We remain fully committed to providing the best-in-class financial services and solutions to all our customers
“As this is a matter under legislative review between the Federal Government, the NNPC and other relevant parties, you will appreciate that we are unable to provide any additional information at this time.”
