Bank Lending

The Lending Problem| The Lending problem scenario between occupation Charted and Dubai military personnel. | | Introduction This report will be base on the change problem between sample study and Dubai World. It will grammatical construction to present viable solutions for specimen hired to deal with this problem. essentially a way they keister mitigate any losings that may occur. Due to the achievement of the Jumeirah project in Dubai, the Dubai World project was supposed to be the next big thing, as a result tally to the Financial Times $59 one one thousand thousand million million was invested into this project from various financial institutions around the world. barely due to the deterioration of the world markets, Dubai world could no unceasing meet its obligations, and as a result opted to delay meshwork for $26 one million million million of the debt as reported by Bloomberg, which set out to a worldwide fall of stocks related to Dubai World on stock exchanges worldwide. This report will focus on monetary standard Charterers exposure to Dubai World and will also manner 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 eye East (standardchartered.com).

The Company offers its products and services in the personal, consumer, corporate, institutional and exchequer 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 Bi! llion to Dubai World (FT.com), as a result of their well falsify 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 to the lowest degree 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 accounting system standards has a better...If you want to get a full essay, mass it on our website: BestEssayCheap.com

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