NDB struggles with loan repayments
Friday, September 29, 2017
Morapedi
NDB chief executive officer, Lorato Morapedi told the media recently that for the year 2016/17 the actual collections were P115.8 million against a target of P210 million.
She said during the period, the bank disbursements were P122 million against a target of P210 million, noting that they have since slowed down on disbursements while focusing on the turnaround plan, which included reduction of non-performing loans.
“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...