Banks unable to recover loans

[neku]

Often banks are lending money to people who are well connected politically. Later in some cases, the borrower does not repay the loan as promised, and the bank makes a loss, has non performing assets. Do banks in your country have a large number of bad loans?

 

[eLdavis]

I don't know about this though, but I do know there are some cases of bad debt from time to time but I don't think it's something that happens on a regular basis.

 

[Suba]

In my country it does not apply like that, anyone who borrows money personally from a bank (whether the president, high-ranking state officials, etc.) especially in large amounts must pay their debts or confiscate the collateral for the debt, if there is such a case after the president or official retires, they will be tried by the community.

 

[Kross]

Banks also incur had debts. That's the reason they have to be more careful before they disburse loans.

 

[Augusta]

This one is everywhere even in my country here. the greedy politicians and business owners are just very mean.