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addisfortune - 2 years ago

No ‘Loan Abuses’ at Zemen Bank

This letter comes as a response to your recent story headlined “Zemen Bank Laying Foundations Amidst Turmoil” [Vol.17 Number,851, August 21,2016]. The viewpoints presented in the article are grossly biased and misinformed. First, the article quotes a few shareholders views that some loans were allegedly given without any credit appraisal. This is just simply false. [ ]


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