Difficulties in securing a business permit from city hall officials in Cebu City have compelled BDO Unibank to make alternative arrangements to ensure that its clients and depositors continue to be serviced no matter the practical problems thrown its way.
The universal lender issued a statement on Monday saying normal bank operations persist and gave assurance that, while city hall’s adamant insistence on withholding the issuance of a business permit, all 26 BDO branches in the Queen City of the South remain open for business.
“We would like to apologize for whatever inconvenience the recent threat of branch closures in Cebu City has created.
“We have complied with the requirements but despite that, the city government has refused to accept payments for local taxes and fees, and issue the permits contrary to what they did in the past.
We have made the necessary arrangements for the clients to be serviced in alternative locations.
“This is a local issue and has no bearing whatsoever on the operation of the bank as a whole,” the lender said.