When will banks start acting responsibly?
I read the story on the business page (7DAYS, September 20) about banks being cautious on lending to real estate developers and I thought: finally the banks are taking some responsibility. Moments later I received a call from my bank, during which the caller told me ‘as a valued customer with a personal loan, would I like to borrow another Dhs100,000’? So I already owe you loads of money but you want me to borrow more from you? This is irresponsible, from me for taking on debt in the first place, but especially from the bank encouraging me to go deeper into debt. Debtor, Dubai