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Shifu

@joeljr_me

#BLESSED | Ave Christus Rex!

calendar_today20-05-2010 13:43:14

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Shifu
@joeljr_me

2 weeks ago

They wrote off MEDEF's MK9Bn in 2023 and NEEF's MK6Bn makes it MK15Bn in total.

When a Bank writes off bad loans, they are taken off the balance sheet as assets but handed over to Recoveries who still chase for repayment.

But it seems in this case the slate is wiped clean.πŸ˜–

They wrote off MEDEF's MK9Bn in 2023 and NEEF's MK6Bn makes it MK15Bn in total. When a Bank writes off bad loans, they are taken off the balance sheet as assets but handed over to Recoveries who still chase for repayment. But it seems in this case the slate is wiped clean.πŸ˜–
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