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LovellPropguru
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Having worked in banks, lending constraint has nothing to do with an absence of investment opportunities, but the lacks of skills to spot them - and the risks involved in them. Lending has become the least regarded of activities by banks and if they could completely computerise lending (it's already partly computerised - just look at the comment by the TSB Head a few months ago when asked about lending) they would automate it.
Toggle Commented Jun 10, 2014 on Why fix banks? at Stumbling and Mumbling
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Jun 10, 2014