Lexus is closing an entire bank branch in the Philippines.
Lexus Financial is closing the branch in Visayas, which is the main financial hub of the country.
The branch closed earlier this month.
The bank branch was originally opened in 2015.
The closure comes after the company announced it would close two other branches, including one in the United States, over the past month.
That left a total of five branches left in the country, which was down from the original 10.
The bank is still accepting new accounts, but it’s also making arrangements to extend the loan terms to the Philippines by six months, according to a Lexus spokesperson.
In a statement, Lexus said it had been working with local authorities to reopen the bank branch.
The spokesperson said that the bank would not have opened another bank branch if it hadn’t had “unprecedented efforts” to open new accounts in the city.
Lexuses spokesperson said the company has been working to improve its processes and procedures to improve the quality of life for its customers.