Why Banks want Quality not Quantity ?

  1. Arvind Babajee profile image61
    Arvind Babajeeposted 15 months ago

    Why Banks want Quality not Quantity ?

  2. tamarawilhite profile image91
    tamarawilhiteposted 15 months ago

    If they make loans and don't take the quality of the borrower into account, they are less likely to be repaid and lose money.
    Therefore, they want to give fewer loans that are almost certain to be repaid than many loans that aren't repaid.

 
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