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People’s Bank denies social media claims on loan write-offs

16 May 2023 - {{hitsCtrl.values.hits}}

People’s Bank yesterday denied the views expressed on the bank’s non-performing loan write-offs as shared in certain social media groups.

The bank’s management said such statements are completely untrue.

“To save any future doubt, none of the loans so discussed in the said forums have been written off,” People’s Bank said in a brief media statement.