Thursday, Mar 08, 2007
Bad debts begin to take their toll on banks!
Freehelpadvice: Bad debts begin to take their toll on banks!
Banking experts have cautioned that the global banking sector could face tough times ahead, with fears over increasing indebtedness and poor credit quality affecting their bottom line. The caution has come amidst of profit warnings from banking giants like HSBC and HBOS, which expect their bed debt provisions to go up in future.
Posted by matt @ 12:36 PM (316 views) Add Comment
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