₦airaland Forum

Ugosample:
yea


Banks are NOT public assets

Well until the govt takes over the bank in its entirety, not "bailing" the banks alone

That is what I want the other guy to know

onegig:
World over banks are LIKE public assets. Yes they may be owned by private individuals but their importance to the economy of any country makes the risks they pose a lot higher than your normal run of the mill Enterprise. They deal with more of perceived TRUST and once that is removed you have nothing left.

More reason they are treated specially. A single failed bank in a country can bring the whole financial system of that country to it's knees. Same way you would see government policing critical assets like Power grids and pipelines even if they are owned by the private sector.

Are these costs being incurred to service these facilities not part of our Commonwealth? The 900billion tied up and being held by AMCON as bad debts is being funded by who exactly?

Where does AMCON gets its running costs from ? Isn't it the National Purse? So how does the actions of these few people not affect the Commonwealth of the others?

That's the question the guy should answer.

Boss13:
Unfortunately, my statement still stands true. It’s not your business. You are not the credit lender. That’s the job of the creditor; to ensure that loan utilization is 100%. Where loan utilization is not 100%, the credit risk inherent to a loan begins to crystallize and that’s the reason why credit facilitators/lenders/financial institutions request for Security to imitigate their credit risk exposure.

Business decisions may go wrong. External indicators may go against a business or proper forecasting and planning was not done. Possibly, the business maybe run by rogues who do not want to pay. These risks are what credit lenders must consider before lending. Now, if you review the names listed, you will observe a common trait amongst the lenders - They are credit rogues. The question you should be asking is why do credit facilitators disburse credit to these people?

Boss13:
It is not your business how private borrrowers utilize loans being disbursed to them, especially when you are not the creditor who had considered them creditworthy to provide such credit facility to them in the first place.

onegig:
You are the one that needs to learn.

Banks are like public assets. Also the NDIC which is a government entity insure depositors funds in banks. If banks should fail they would have to pay depositors and most times these monies are gotten from the public purse.

Also a failed bank can cause a spiral effect on the financial system of a country. You want to go back to the 2008 recession and see that one of the causes was banks lending money they did not have to entities who bought worthless hyper inflated stocks. It is like you using your money to buy your own stocks over and over and over again this increasing the worth while there is no correlated cash inflows to show these appreciation.

Also AMCON would have to buy those bad debts except they want the banks to go under and these are our Commonwealth

Nbrown:
Bring to me at a good rate if still available

msm98580:
Let’s deal

amamahdaniel:
4* 2011 2012 2013. After getting my OND. I STILL WENT AND WROTE JAMB THIS 2018. NOW AM A STUDENT OF MECHANICAL Engineering in one of the best Federal university

Diamond360:
I hate to say that Lagos is for apc though

Vested:
Clean Toks Mercedes E320 2005 model for sale.

Vehicle is in good condition, buy and drive.



Location: Apapa.

LifestyleTonite:
Feeding the media means the case will continue to boil.

The media is never satisfied. All they want is content to keep their business running.

A Ronaldo content is highly good.

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