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Bank fears property debt crisis

Language: English Series: Observer ; 23/9/90 p29Publication details: 1990Subject(s): Summary: Speculation is widespread that several property companies will find it exceedingly difficult to meet their loan commitments due for repayment on 29 September - Quarter Day. As Quarter Day falls on a Saturday this year, payments are expected on Friday.

Speculation is widespread that several property companies will find it exceedingly difficult to meet their loan commitments due for repayment on 29 September - Quarter Day. As Quarter Day falls on a Saturday this year, payments are expected on Friday.