Do you have a number, how many Jamaican owned bank survived the Finsac era?
Thanks in advance.
Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.
Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.
Can you give me a number and names please. And what is your your defination of run well.
Thanks in advance.
Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.
Do you have a number, how many Jamaican owned bank survived the Finsac era?
Thanks in advance.
NCB was bailed out and the other failing local banks were subsumed into a "bad bank"...Union Bank subsequently purchased by RBTT if memory serves
A well run bank has superior credit underwriting and risk management, stays away from speculative long term real estate ventures using depositor's short term money, eschews connected party insider dealing and avoids building expensive showpiece edifices in order to show off non existent success
Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.
So only NCB you sure about and they were bailed out to millions. They were in worst shape than many others.
Thanks. I am still looking for some numbers.
Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.
Thanks, just trying to do my own little research. Finding what there portfolio was like and how they were affected.
It is sad that this thing is so politicised. No reasearch have been done and no legislation. The simple thing is to say the business people were lazy but because I know people who directly affected I know different.
I would to have some factual info on this. The banks, and government are not really interested in releasing this info. What is there to stop this from happening again????
Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.
Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.
Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.
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