On December 16, CITIC Bank issued a statement addressing recent reports of individuals falsely claiming to be its employees. These individuals allegedly induced consumers to download the "KOO Wallet" app under the pretext of credit card applications, ultimately facilitating personal consumer loans.
CITIC Bank emphasized that it has never engaged in any business collaboration with "KOO Wallet" and bears no responsibility for its activities. The bank warned all organizations and individuals conducting false advertising under its name to cease such illegal actions immediately. CITIC Bank reserves the right to pursue legal action against violators.
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