Bank of Kiribati is Y2K ready

Posted on Dec 20 1999

TARAWA, Kiribati—The Bank of Kiribati has assured its customers that it is Y2K safe and has urged them to stop withdrawing their money from the country’s primary financial institution.

The bank is attempting to calm fears of its customers, many of whom believe computer operations will shutdown January 1 and prevent access to local bank accounts.

A Bank of Kiribati spokesperson has assured customers that “accounts are safe,” and the bank will continue to maintain financial records during the change over from 1999 to 2000.

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