Bank Lending

The Lending Problem| The Lending problem scenario between tune Charted and Dubai military personnel. | | Introduction This report will be ground on the change problem between sample issuance in and Dubai World. It will grammatical construction to present viable solutions for banal hire to deal with this problem. essentially a way they fag mitigate any losings that may occur. Due to the supremacy of the Jumeirah project in Dubai, the Dubai World project was supposed to be the next big thing, as a result harmonise to the Financial Times $59 one cardinal million million was invested into this project from various financial institutions around the world. precisely due to the deterioration of the world markets, Dubai world could no long meet its obligations, and as a result opted to delay scratch for $26 meg of the debt as reported by Bloomberg, which take to a worldwide fall of stocks related to Dubai World on stock exchanges worldwide. This report wil l focus on received Charterers exposure to Dubai World and will also living for possible solutions to help Standard Charted to recoup as much(prenominal) as possible to minimize its losses. * Standard Chartered Standard Chartered PLC is an international banking group operating principally in Asia, Africa, and the middle East (standardchartered.com). The Company offers its products and services in the personal, consumer, corporate, institutional and treasury areas (Bloomberg.com). At the time of announcement standard chartered had invested a total of $5 Billion to the whole of the UAE, and $1 Billion to Dubai World (FT.com), as a result of their well transfigure portfolio, this loss did not hit as hard as it did for the likes of its counterparts HSBC and Royal Bank of Scotland. The issue here for standard chartered would be to recoup at least 50%-60% of the debt, which is fair in the banking circles, and will result in a maximum of 50% being put in the chronicle books as Non-Performing Loan (NPL). Which i! n terms of business relationship standards has a better...If you want to get a full essay, galvanic pile it on our website: BestEssayCheap.com

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