tag:blogger.com,1999:blog-8498120352601868144.post6550555033183976579..comments2024-03-18T20:38:51.670+11:00Comments on steadyaku47: NON PERFORMING LOANS (NPL), MOF FOREIGN AND LOCAL BANKS, BANK NEGARA, LAWYERS, DEBT COLLECTION AGENCIES, GANGSTERS, THUGS, AND NAJIB RAZAKUnknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-8498120352601868144.post-58657351002921253072013-09-23T19:12:31.062+10:002013-09-23T19:12:31.062+10:00The letter given by Najib in September 2009 confir...The letter given by Najib in September 2009 confirms that the blanket ministerial Sanction was given on 6.7.2007. My question...Where is that blanket approval/sanction?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8498120352601868144.post-21902936194915678152012-06-16T10:29:48.679+10:002012-06-16T10:29:48.679+10:00One thing unique about banks is that since they ar...One thing unique about banks is that since they are in the money business, they take deposits at low interest rates and lend out at much higher rates. As a result, the amounts in terms of deposits held as well as the loans extended to customers are many times that of their own capital base. Besides having complied with Bank Negara's statutory ratio requirement, the NPLs of a bank could be larger than their share capital and reserves. This means when really tested, NPLs could actually break a bank. I hope bankers out there would correct me if I am mistaken.KoSong Cafehttps://www.blogger.com/profile/09257859564265735807noreply@blogger.comtag:blogger.com,1999:blog-8498120352601868144.post-40680312853831565792012-06-16T03:29:51.661+10:002012-06-16T03:29:51.661+10:00Fact that banks are scum won't change with PKR...Fact that banks are scum won't change with PKR - they are even MORE in bed with them.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8498120352601868144.post-89381698685697177642012-06-16T00:50:16.488+10:002012-06-16T00:50:16.488+10:00I always have doubts about NPLs. A few years ago, ...I always have doubts about NPLs. A few years ago, I read with disbelief CIMB selling off a few billions of its NPLs as if it was a routine banking practice. Now I know why.<br /><br />It had happened before, the failure of banks like Bank Bumi and Sime Bank, as a result of NPLs arising from mega loans to politically connected persons, without proper collaterals or even without proper loan documentation which could be deliberate. It was only a matter of time when the NPLs would cause problems to the banks. That NPLs could be sold off meant a convenient way for it to show a healthy balance sheet. But one can imagine the details of each case to be really shitty.KoSong Cafehttps://www.blogger.com/profile/09257859564265735807noreply@blogger.comtag:blogger.com,1999:blog-8498120352601868144.post-21569398749582378492012-06-15T23:13:48.846+10:002012-06-15T23:13:48.846+10:00Don't waste energy mate. Why so long winded. ...Don't waste energy mate. Why so long winded. Your articles are just repetative and long past their due dates. Why not be current and give some insights about the FELDA deal. Better still, write about the Pandas and the RM20mil required to feed them.<br />Otherwise, just stay cool and play pocket billiards.Anonymousnoreply@blogger.com