PSB Bank confirms investigation into irregularity related to the Pagafasil system. | SMN NEWS

Willemstad:— The management of PSB Bank recently discovered an irregularity in its internal processes related to the Pagafasil system. This led to an investigation and in order to continue the investigation, a number of employees were suspended. The investigation does not affect the stability of the bank. While the Pagafasil system has always been safe to use and continues to be so, necessary adjustments are being made to ensure a higher level of internal control. In the meanwhile, clients can still use the system safely.

The irregularity detected has an impact of nine hundred thousand guilders (ANG 900,000). Although this ...

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