Civil servants and loans

Inoke Tuirara, Maumi, Bau, Tailevu | Saturday, June 3, 2017

Seemingly, the $727 million excess liquidity in our banking sector should have been anticipated. As Dr Gounder stated (FT 30/5), it is about getting eligible borrowers, even though the banks are willing to lend.

In all probability, the much-talked-about idea of contracting our civil servants may class them as ineligible borrowers.

Which bank would be willing to approve a loan to someone who is uncertain of what happens after a three-year contract?

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