GF Bank Loans

tbaylx · 23rd May 2007, 15:49

Heard a rumor that banks in BAH are denying any loans to GF employees now. Any truth to that? So much for car loans etc if that's the case...

point8four · 23rd May 2007, 16:51

Yup - Standard Chartered certainly is- was chatting to someone there a week or so back and they mentioned that all new loans to GF employees have been stopped UFN............ Messrs Dose/Naff - I'm sure you peruse this particular forum from time to time. How are you going to solve this little gem?? Anyone who is employed to plug the gaps shortly to start showing in the (pilot) workforce will not be able to get a car loan, or any other loan for that matter with SCB. Not sure about the other institutions, bankers generally follow suit to protect themselves first???
Replacements????? Yes - word from crewing is that the schedule will require at least what we have now(in terms of aviators).

NO FD NO SRS · 25th May 2007, 10:34

Shamil bank stopped giving loans last week. many more banks will follow so if you you are looking for a loan then dont waste a day any more.

Panama Jack · 25th May 2007, 11:57

I am wondering whether the stopping the loans is a sign of a lack of faith in Gulf Air employees?

Heard someone telling me that she's overheard a few cabin crew members (nationality withheld to avoid painting them all with the same brush) musing about applying for a loan and then "disappearing," either back to their home country or to Etihad. Besides being shamefully dishonest, also criminal as far as I know.

Just wonder if anybody has tried this stunt yet.

ironbutt57 · 25th May 2007, 12:11

A few of them did it while stationed in AUH, then jumped ship home, but the banks didnt stop loans for everybody...with all these conflicting stories of redundancies no wonder the banks are concerned...

point8four · 25th May 2007, 16:03

Good point IB - could see that happening and not just with the CC......

tbaylx · 25th May 2007, 17:40

That's a criminal offence anywhere in the world , non payment of a loan and you'd likely end up dealing with Interpol anytime you crossed a border. Not such a smart move.

Hardly a reason for banks to deny loans to a legit GF employee.

scanscanscan · 25th May 2007, 22:41

More importantly....for the Bahrain banks that is...are the huge loans they were reported to have made to GF only a few years ago....secured on what?

Left Coaster · 26th May 2007, 05:59

And that has what in common with the banking issue for GF guys?

Left Coaster · 27th May 2007, 05:13

Actually, my previous post was a reply to one who was linking this topic with some emergency landing thing...seems the post is gone...I do get the original idea of what the banks are thinking in BAH...cheers

Left Coaster · 28th May 2007, 04:52

Scanner...Nice to hear from you. Thanks for the nice reply...good luck if you're GF... did the GF thing and met some class people, happy to be away from it all, sorry it's falling apart... best of luck to all of you! Go Sens!

Trader · 29th May 2007, 05:10

Go SENS go - now that the leafs are out........ahhhh OK its a dual love affair....what can I say.....its good when you have two teams!!!!!

Left Coaster · 30th May 2007, 07:01

Leafs? You're kidding right? Right?

Trader · 30th May 2007, 15:22

NEVER!!!!!!!!!!!!!!! I love 'em, even if they lose

mogley · 1st Jun 2007, 10:04

All true my friends. No loans for us. So what are the new Swiss wonderbrains going to do about this since they "really want to keep us" as Mr B. N. said in his briefing.

Joe Monsoon · 1st Jun 2007, 19:42

It's all ok freinds. We don't need loans. Just read the memos from Mr Naf & keep in mind that WE CAN DO IT! nevermind that the kids are starving, the wife is moaning & your having to eat 2 minute noodles in you room down route & that you still got to drive around in your 20 year old piece of s*** car.

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