Standard Chartered Bank Nigeria Limited has denied rumors suggesting the closure of its branches in Nigeria.
The bank stated in response to an allegation made in the House of Representatives Ad Hoc committee report on the assets and liabilities of the Nigerian National Petroleum Company Limited.
The committee had reportedly claimed that “Standard Chartered Bank is closing all its Nigerian branches,” expressing concerns over the substantial funds held by the bank on behalf of NAPIMS and NNPC.
However, the bank, through Dayo Aderugbo, Head of Corporate Affairs, Brand and Marketing, has refuted these allegations, stating that they are entirely false.
The bank emphasized its unwavering commitment to Nigeria and confirmed that it continues to operate branches in Lagos, Port Harcourt, and Abuja.
It reiterated its dedication to providing exceptional financial services and solutions to all customers.
Given that the matter is currently undergoing legislative review involving the Federal Government, the NNPC, and other relevant parties, the bank expressed its inability to provide additional information at this time.
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