The banks are too far in to BNB to let it go. They will be shooting off their own foot. The banks cannot afford to take the write offs onto their balance sheets at present.
And the complicated structure of BNB and its satellites means no one bank will have clear priority over others and also the corporate facility will simply be g0osing themselves if they put BNB into bat. They may as well keep it going as long as they can to get as much interest out of the shareholders as they can. Better to keep staff working there for you on no bonuses and no dividends than just flagging it away.
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The banks are too far in to BNB to let it go. They will be...
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