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KUALA LUMPUR: A man who hoped to earn thousands of ringgit in commissions gave his three ATM cards to a “friend” for a. a bogus Facebook account advertising for easy loans. “These quick loans are for those who didn’t qualify for bank.
The draft guidelines give banks seven years from January to provide for credit backed by collateral and two years for unsecured debt, setting stricter targets. Italy, where the bad loans problem is particularly acute, fears that an.
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Golam Rabbani, deputy managing director of the bank, said some other banks were also the victims of the Bismillah Group scam but only Prime Bank’s loan was secured by collateral. ATM booths. Chowdhury said the bank is now.
Luistro noted that the requirements of most lending companies such as collateral and security had made. salaries through automated teller machine (ATM) cards and the borrowers can receive their loans through their bank accounts.
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