On the 3rd of June 2016, management of NDK Financial Services led by the CEO, Mr. Oko Nikoi Dzani paid a working visit to the Multimedia Group Ltd.
The purpose of the visit which is part of activities marking the celebration of 25 years of Sterling Services and Success Stories was to familiarize themselves with the operations and staff of the Multimedia Group Ltd.
This is the second visit of its kind as management, visited Starr Fm last month for same purposes.
Mr. Oko-Nikoi Dzani emphasized the importance of establishing a relationship with the Multimedia Group as a leader in the media fraternity and also to acknowledge their contribution to the progress of his firm in the past while looking forward to more of such in the days ahead.
Addressing issues pertaining to the financial industry in an interview with JOY BUSINESS after the visit, Mr Oko Nikoi Dzani indicated that the issue of non-performing loans, which is gradually eating deep into operations of commercial banks and other financial institutions, still persists due to delays and poor documentation.
According to him, “Financial institutions receive imperfect and incomplete documents which are submitted to us as if they are genuine documents, customers come for loans with these as security and when there is default the company goes through a hullabaloo trying to foreclose and then you hit a wall because of poor documentation”.
He, however, added that the pre-trial session by the commercial court and extra vigilance on the part of his firm has mitigated the impact of this on their operations.