Due to the credit crunch, all Belgian banks can rely on national assurance for new loans. But they have to live up to a few conditions: the banks have to hand in the applications themselves and they have to pay a compensation. The national assurance can only be approved if it's in the best interest of Belgian economy and the protection of the depositor. Hopefully this will help stop the credit crunch.
Elien Meulewaeter
Source : Het nieuwsblad
1 opmerking:
Due to the credit crunch, all Belgian banks can rely on national assurance [insurance] for new loans. But they have to live up to a few conditions: the banks have to hand in the applications [apply] themselves and they have to pay a compensation. The national assurance [insurance] can only be approved if it's in the best interest of [the] Belgian economy and the protection of the depositor. Hopefully this will help stop the credit crunch. Elien Meulewaeter
Good flow, minor vocab issues
olaf
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