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Home Business News

IB Liberia Assures Customers Amid False Bankruptcy Claims

by The Liberian Investigator
August 15, 2024
in Business News
Reading Time: 1 min read
0
IB Liberia Assures Customers Amid False Bankruptcy Claims

MONROVIA – International Bank Liberia Limited (IBLL), one of Liberia’s leading financial institutions, has firmly refuted recent claims of insolvency circulating in some media outlets. In a press release, the bank described these allegations as unfounded and assured both the public and its customers that it remains financially robust and viable.

“We maintain a stable and strong financial position with our viability firmly intact,” the bank stated, emphasizing its commitment to transparency and public accountability by making its yearly audited financial statements available on its official website.

IBLL also reaffirmed its dedication to the wellbeing of its customers, emphasizing that it remains a trusted and reliable banking partner in Liberia. “As always, the wellbeing of our valued customers is our utmost priority,” the bank added.

Currently, IBLL boasts the lowest non-performing loan ratio among banks in Liberia, standing at 6%, according to the Central Bank of Liberia.

The bank concluded its statement by inviting customers with concerns to reach out directly or visit one of their branches, ensuring them of IBLL’s ongoing commitment to their financial wellbeing.

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