Moreover,  providing for a loss or w riting off a loan in the bank’ s books, as a non-bankable asset, does not extinguish the debt the customer ow es to the bank. In this case, the bank is only being prudent and adhering to sound accounting and  international  financial  reporting  standards. defaulting customer continues to be obliged to repay.
The In  this context, let us alw ays remember that a safe, sound and stable banking system is a necessary condition for sustainable economic development.