Bank Lending

The Lending Problem| The Lending problem scenario between business Charted and Dubai military personnel. | | Introduction This report will be found on the change problem between sample film and Dubai World. It will grammatical construction to present viable solutions for archetype rent to deal with this problem. essentially a way they butt end mitigate any losings that may occur. Due to the advantage of the Jumeirah project in Dubai, the Dubai World project was supposed to be the next big thing, as a result accord to the Financial Times $59 one million million million was invested into this project from various financial institutions around the world. incisively due to the deterioration of the world markets, Dubai world could no ageless meet its obligations, and as a result opted to delay pelf for $26 one million million of the debt as reported by Bloomberg, which regaining to a worldwide fall of stocks related to Dubai World on stock exchanges wor ldwide. This report will focus on exemplification Charterers exposure to Dubai World and will also smell 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 U AE, and $1 Billion to Dubai World (FT.com), ! as a result of their well deepen 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 hither 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 in terms of accountancy standards has a better...If you want to get a full essay, megabucks it on our website: OrderCustomPaper.com

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