as a banker, I would say that nowadays bank policies towards PERSONAL LOANS/CREDIT CARD has got very much harsh or strict. They want perfect documentation b4 sanctioning any loan to the applicant. So, one must not get pissed off. just imagine, if anyone whom u know comes to u to lend him/her a money for few months, don't u get cautious and ask him/her about any guarantee or reason for asking for loan etc
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Due to global financial crisis and frauds done in UAE and other GCC countries, banks have gone on HIGH ALERT. They don't want to lose any more money. Mashreq bank is DUBAI based bank so now u can understand why they took so much time to process ur loan application
as a banker, I would say that nowadays bank policies towards PERSONAL LOANS/CREDIT CARD has got very much harsh or strict. They want perfect documentation b4 sanctioning any loan to the applicant. So, one must not get pissed off. just imagine, if anyone whom u know comes to u to lend him/her a money for few months, don't u get cautious and ask him/her about any guarantee or reason for asking for loan etc
.
Due to global financial crisis and frauds done in UAE and other GCC countries, banks have gone on HIGH ALERT. They don't want to lose any more money. Mashreq bank is DUBAI based bank so now u can understand why they took so much time to process ur loan application