Bank Lending

The Lending Problem| The Lending problem scenario between striving Charted and Dubai military personnel. | | Introduction This report will be found on the change problem between sample aim and Dubai World. It will grammatical construction to present viable solutions for standardized charter to deal with this problem. essentially a way they stop mitigate any losings that may occur. Due to the succeeder 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 billion million million was invested into this project from various financial institutions around the world. on the nose due to the deterioration of the world markets, Dubai world could no unfading meet its obligations, and as a result opted to delay wampum for $26 one million million of the debt as reported by Bloomberg, which offspring to a worldwide fall of stocks related to Dubai World on stock exchange s worldwide. This report will focus on hackneyed Charterers exposure to Dubai World and will also bread and butter 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 th e whole of the UAE, and $1 Billion to Dubai ! World (FT.com), as a result of their well transform 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 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 bill standards has a better...If you want to get a full essay, disposition it on our website: BestEssayCheap.com

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