bankrupt

Banks, Borrowers and MONEY

“If you owe your bank a hundred pounds, you have a problem; but if you owe a million, it is the bank that has a problem” John Maynard Keynes When a borrower gets into financial difficulties, a problematic situation may arise for the lender bank  whereby it has to take certain measures to mitigate the risk for credit losses due to the expected inability of the borrower to continue...