202C
GIS 12-
SATURDAY, AUGUST 10, 1991
NENDICK MEETS BCCHK DEPOSITORS' REPRESENTATIVES
* * * *
MR DAVID NENDICK, TODAY THE SECRETARY FOR MONETARY AFFAIRS,
THE (SATURDAY) HAD A MEETING WITH A SMALL GROUP OF REPRESENTATIVES OF
HONG KONG LIMITED OF CREDIT AND COMMERCE DEPOSITORS OF THE BANK
(BCCHK),
WHAT APPEARED
IN REFERRING TO HIS REMARKS YESTERDAY REGARDING
RUMOUR MONGERING AIMED AT TO BE AN ORCHESTRATED CAMPAIGN OF
HAD MADE DESTABLISING CERTAIN BANKS IN HONG KONG, MR NENDICK SAID HE IT CLEAR THAT, AS YET, THERE WAS NO HARD EVIDENCE TO INDICATE WHO HAD STARTED THESE RUMOURS.
SPECULATING OF BCCHK,
OF BEHAVIOUR
SUCH
1N THAT REPRESENTATIVES HE EXPLAINED TO THE WHETHER THIS MIGHT HAVE INVOLVED SOME MISGUIDED DEPOSITORS
CRITICISE THE GENERAL HE HAD NOT INTENDED TO DEPOSITORS.
ELEMENTS
"IF THERE WERE DISRUPTIVE CONFINED TO A VERY SMALL MINORITY OF INDIVIDUALS,
AT
WORK,
11
THIS HE SAID.
WOULD
BE
И
"THE VAST MAJORITY OF BCCHK DEPOSITORS HAD IN MY VIEW AND WILL, I AM SURE, CONTINUE TO BEHAVE, IN A RESPONSIBLE, AND DIGNIFIED MANNER.'
14
BEHAVED, RESTRAINED
MR NENDICK EXPRESSED HIS SYMPATHY FOR THE
THEIR CONSTRUCTIVE BCCHK DEPOSITORS AND APPLAUDED EFFORTS TO FIND A MEANS OF RESURRECTING THE BANK.
PROBLEMS
ATTITUDE
FACED BY TOWARDS
HE EXPLAINED TO THE DELEGATION THE EFFORTS WHICH WERE TO FIND A SOLUTION WHICH WOULD BE IN THEIR BEST INTEREST.
UNDERWAY
END/WONG
TIME : 13:52:02
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