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ABC Bank is a well established bank in the financial sector with significant consumer and small business loans. ABC Bank believes that the construction sector
ABC Bank is a well established bank in the financial sector with significant consumer and small business loans. ABC Bank believes that the construction sector in your jurisdiction is carded to pick up soon and intend to move into lending to construction companies financing luxury homes. ABC intends to change its business model and focus on corporate lending to construction firms. Given the current economic climate in your jurisdiction explain why it may or may not be an appropriate move for ABC Bank to concentrate its lending portfolio in luxury construction
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