Ericsson wrote:Zero no write off.The bank has only one branch and the ksh.1.5b was coops share of the capital needed to start the business
Good to hear though they will have to write-off something until the situation stabilizes. Hopefully, Coop got most the 1.5bn out before the crap hit the fan.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett