Empowered Newswire reports that the bank branch, which is located in the same area as the RCCG parish, International Chapel, Brooklyn, said its action was based on its decision to stop transacting business with Nigerians.
”HSBC’s recent refusal to continue their banking relationship with our church (International Chapel Brooklyn of The Redeemed Christian Church of God) was on the grounds that we are Nigerians and that they will not ‘deal’ with Nigerians,” said a member and official of the church in New York under condition of anonymity.
The development was confirmed by officials of the bank, who said the financial institution was at liberty to do so.
They did not, however, offer any explanation for the action.
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