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Author Topic: Not all banks are going bust.  (Read 312 times)
bluebit25
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May 25, 2023, 12:50:12 PM
 #41

(...)
It reminds me of malicious lending that was assessed as a major contributor to the financial crisis in 2008. This places great emphasis on the ethics and social responsibility of banks when do business. Malicious lending and a focus on large international companies can also have benefits. Centralizing funding for large companies can ensure that money is distributed efficiently and used to generate higher returns for investors and shareholders. However, this could also affect the provision of financial services to lowincome people and small businesses, reducing equality in financial access. The reevaluation of banking policies and the correlation between profitability and social responsibility remains controversial. Bank decisions have a direct impact on the economy and communities, and so banks need to make decisions with consideration and responsibility.









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Renampun
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May 25, 2023, 03:21:45 PM
 #42

...

I believe that the abundance of toxic loans that are in the books of so many banks are part of a policy to force out smaller banks, and centralise banking into a few major international players. The toxic loans have also been used to transfer wealth away from much of the world population, and into the coffers of the wealthy banking elite.

i believe that not all banks are bad, there are still good ones who run their business and still pay attention to their customers, like this Nationwide. those exposed by the media are only some of the big players which makes the banking industry look bad, even though if it is managed properly cases such as the signature bank, first republic bank, or various other banking cases can be avoided.


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fruktik
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May 26, 2023, 09:19:28 AM
 #43

It's not everyday we see events like this. 100 Euros is a very decent sum of money to receive as a giveaway, even in UK. My first assumption would be that the bank is doing this as a marketing propaganda to attract more customers to their services. And it must be really an efficient one, because everyone would like to join a bank which gives their customers 100 Euros without any requirements in counterpart.

Once these news reach to more people in UK, I believe they are going to see their customers' base growing consistently...
         This is the marketing ploy of this institution. It is highly likely that it was the calculation to attract a new flow of customers. In principle, there is nothing new in this. If possible, they distribute money to their clients, and they convey information to their friends, acquaintances, etc. We decided to recall the word of mouth method. By the way, this approach to advertising shows itself well, but something about it is not so often remembered in recent years. It's time to remember the forgotten.

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Davian144
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May 26, 2023, 12:51:17 PM
 #44

This is the marketing ploy of this institution. It is highly likely that it was the calculation to attract a new flow of customers. In principle, there is nothing new in this. If possible, they distribute money to their clients, and they convey information to their friends, acquaintances, etc. We decided to recall the word of mouth method. By the way, this approach to advertising shows itself well, but something about it is not so often remembered in recent years. It's time to remember the forgotten.

Nowadays, institutions such as banking are institutions that are always sought after and used by many people for certain things, including doing business because business people sometimes also need banking services when they want to make transactions of a certain amount. But after recently there have been several banks that have gone bankrupt, of course the banks are still not bankrupt and are still surviving to continue serving their customers, they definitely still want to make bigger promotions in order to be able to attract more customers who have fled from other banks to enter the bank.

And yes, I think this is a very common practice for every institution like banking because basically they can operate more easily when there are lots of customers who save money with them. And from what has been seen so far, indeed there are still very many banks that are still alive by continuing to operate better so that not all of them (banks) are bankrupt at this time.
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