Accommodate Quote by Abdul Aziz Al Ghurair
“Sometimes there are customers who get in difficulty because of situations that are out of their control. These are customers with genuine needs, and the role of the bank is to accommodate these customers, and there is a real need to reschedule the loans of these customers.”
About This Quote
Banks should help customers facing uncontrollable hardships by adjusting loan terms to meet genuine needs.
In simple terms: Help customers in crisis by adjusting loans.
Offer flexible loan rescheduling.
Themes
Mood
Type
When to use this quote
- loan restructuring
- financial hardship
- emergency relief
- policy flexibility
Key Concepts
Questions to Reflect On
- How can banks assess genuine hardship?
- What safeguards prevent abuse of rescheduling?
Balancing fairness to other borrowers can be challenging.