Sentences with phrase «banks from total collapse»
Olawore said the immediate payment of the accumulated subsidy claims would salvage the banks from total collapse over the huge debts owed them by marketers, and avert the scarcity of petroleum products in the country.
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At the appearance of even the slightest hint of recession, all people would retire their money from the bank and a total collapse would happen.
The four big banks lost a further $ 19bn in appraised value, and if you throw in another $ 25bn, or 31 %, lost by the ASX 200 Energy Index thanks to a collapsing oil price, a total of $ 128bn has been wiped from the big end of town.