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Old 8th June 2007 | 13:56
  #366 (permalink)  
scanscanscan
 
Joined: Sep 2000
Posts: 424
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From: min rest
And do you know how much that Bank and other Banks have already lent to GF and not yet got back?
This Bank obviously thinks GF as a company will pay them eventually...but do not feel the same about GF staff loans....What happens when the Banks decided to stop digging?
When Chartered Bank closed down in Iran years ago expats with accounts there were reported to have lost all their deposits as the Iran branch was ring fenced
from the parent company who simply said "Tough"....is the Bahrain branch also ring fenced?
If it is...best get your funds immediately moved to a place or Bank where you have depositor protection....be a shame to lose your owed holiday money from GF if it liquidates also indemnity and your money in the local banks and be pursued for your bonds by the liquidators.
Still very hopefull it will not happen....but why put your dick on the.. I hope line?
Fail safe and load a couple of extra tons....liquidations happen sometimes.
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