Review Directive on loan write-off – CAL Bank boss

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• 123 11 years ago

  So Mr Owiredu, can't you write the loan off in the books whiles you try to recover the amount from the customers so when the recovery is successful the loan (amount recovered) is once again written back in the books? This pur ...
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  So Mr Owiredu, can't you write the loan off in the books whiles you try to recover the amount from the customers so when the recovery is successful the loan (amount recovered) is once again written back in the books? This purely financial statement matters.

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• dani 11 years ago

  YOU MUST WITE OFF THE LOAN AS YOU ARE DIRECTED STOP THE CRYING,YOU ALREADY MADE YOUR MONEY WITH THE MAFIA INTRESET rates and up front fees YOU ALREADY CHARGE THE PEOPLE AND COLLECTED AT THE LOAN ORIGINATION STOP THE GREED

  YOU MUST WITE OFF THE LOAN AS YOU ARE DIRECTED STOP THE CRYING,YOU ALREADY MADE YOUR MONEY WITH THE MAFIA INTRESET rates and up front fees YOU ALREADY CHARGE THE PEOPLE AND COLLECTED AT THE LOAN ORIGINATION STOP THE GREED

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• Jack 11 years ago

  The banks are their own enemies because their own relationship managers are awarding loan not in accordance of a person or organization's risk profile but rather what incentive or bribe they can get from clients. And its happ ...
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  The banks are their own enemies because their own relationship managers are awarding loan not in accordance of a person or organization's risk profile but rather what incentive or bribe they can get from clients. And its happening everywhere, the issue is once you give any borrower more than what they deserve they will not pay. Officers even go to the extend of coaching clients what they should do to get a loan which otherwise will not be given to them. The banks has a lot of work to do.
  Until we are able to remove human decision making out of this and put in automatic approval systems the banks will continue to suffer. Its done elsewhere so why cant we do it here. Elsewhere you get a loan without even going to the bank.

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• Jack 11 years ago

  Easy, isn't it? they just do not anything, just lend to the Government and sit back to recoup their profit. No competition easy peezy.

  Easy, isn't it? they just do not anything, just lend to the Government and sit back to recoup their profit. No competition easy peezy.

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