Monday, 26 March 2012

Could banks survive with land fraud?


Land fraud and mortgage fraud over the past years have grown significantly in Sri Lanka threatening the stability of local banks. Thus it’s time to take immediate action as the money lent by banks on negative equity or forged deeds belong to the depositors.

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(Source: Sunday Times)
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1 comment:

  1. real estate in Philippines12 April 2012 at 14:29

    I believe that they can survived if they will look to each other. Hope they can and things will be okay hopefully. Thanks for sharing.



    Charles A

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