yes loans are insured - BUT insurance companies will pay for "specific" reasons only.
as for my friends, they were terminated due to poor perfrmance and not because of recession... funny though, they terminate u coz of poor performance after 5 yrs of service.!
acccording to my friend, there was a memo from labor saying that all those who were terminated should be sent back to their home countries ASAP and cancel their visas or else bank will be penalized for abt 10k per case...
yes Ive ask them to go to labor and their embassy... coz if the bank does opena case on this..and worst come to worst...the police cant take them from there unless and until the embassy will surrender them.
yes loans are insured - BUT insurance companies will pay for "specific" reasons only.
as for my friends, they were terminated due to poor perfrmance and not because of recession... funny though, they terminate u coz of poor performance after 5 yrs of service.!
acccording to my friend, there was a memo from labor saying that all those who were terminated should be sent back to their home countries ASAP and cancel their visas or else bank will be penalized for abt 10k per case...
yes Ive ask them to go to labor and their embassy... coz if the bank does opena case on this..and worst come to worst...the police cant take them from there unless and until the embassy will surrender them.
but i sicerly hope it will not reach that point.