BDO Unibank Inc. on Monday informed its Cebu City clients that they will be serviced in alternative locations after the local government warned it may order the closure of 26 branches of the Sy-led bank for allegedly having failed to renew their business permits.

“We would like to apologize for whatever inconvenience the recent threat of branch closures in Cebu City has created,” BDO said in a statement on Monday.

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