Absa
Huge Contract - No Assistance

Business & Finance

In short: I lost my job, could not find any suitable work and are working for myself.
I have been banking with ABSA for many years, got 3 bonds with ABSA, had 4 vehicle accounts of which 3 were settled from Nov'12 up to Feb'13.
I was awarded a R6 mill tender, went to ABSA in order to assist but got turned away as I was "owing" my own company R300 K! Well, this was the excuse used. My Company account has never been misconducted, bad debt etc and the R300 k was my salary over the past 3 years, but I am not sure ABSA understand this!
I have been through the last 3 years, but managed to keep everything together, although I am still behind on some bond repayments, but as for the rest, almost paid up!
My question: When I was doing R5mill on my accounts I was given a Platinum account, all accounts moved to Private Bank etc, now I get treated like the plague!
I went to ABSA Priv Bank when I lost my job, explained everything etc, I made arrangements, did my payments but it seems that ABSA are only interested to realy help when they have minimum risk!
This contract can put me back on track, pay off all debt etc, but ABSA does not see the bigger picture, I do not understand the logic! Any suggestions?


Company: Absa
Country: South Africa
City: Private Bank
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