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 'Bank is not the friend of small business': OZschwitz executive admits

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RR Phantom

RR Phantom

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'Bank is not the friend of small business': OZschwitz executive admits Vide
PostSubject: 'Bank is not the friend of small business': OZschwitz executive admits   'Bank is not the friend of small business': OZschwitz executive admits Icon_minitimeThu May 24, 2018 7:21 pm
Banks are not the friend of small business, a Bank of Queensland executive has admitted as he was grilled over mulitple mistake during the loan process for a Wendy's ice-cream franchisee.

'Bank is not the friend of small business': OZschwitz executive admits Fbe979fd52e71e5b76f12fde6a4eb939bc392fc7

The banking royal commission heard on Thursday of a litany of errors in the way the bank issued and administered the loan including contacting the franchisor, Wendy's, without its customer's permission.

Counsel assisting the commission, Michael Hodge, QC, put to Douglas Snell, general manager of product, performance and governance at Bank of Queensland, that the bank had overstepped the mark.

https://www.smh.com.au/business/small-business/bank-of-queensland-accused-of-litany-of-errors-in-loan-to-wendy-s-franchisee-20180524-p4zh7u.html
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'Bank is not the friend of small business': OZschwitz executive admits

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