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Former UT, Capital banks workers rejected due to stigmatization

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A year after the collapse of UT and Capital banks, some workers are still battling with the stigmatization of working under a company that collapsed.

The former workers tell Citi Business News they are turned away anytime they apply for a job in the financial sector due to the stigmatization.

About 700 people lost their jobs when Capital bank and UT bank collapsed.

With the consolidation of five banks in recent time, more job losses are expected and the stigmatization is anticipated to also increase.

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