Podcast
Questions and Answers
Who is responsible for confirming compliance with loan agreement covenants at least once a year?
Who is responsible for confirming compliance with loan agreement covenants at least once a year?
How often does Internal Control carry out covenant compliance check on all consumer credits?
How often does Internal Control carry out covenant compliance check on all consumer credits?
When does the Management Credit Committee review covenants compliance?
When does the Management Credit Committee review covenants compliance?
Who should ensure that the Loan Agreement/Offer Letter contains unambiguous covenants?
Who should ensure that the Loan Agreement/Offer Letter contains unambiguous covenants?
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What is the responsibility of the Credit Risk Management during renewal/review requests going to the MCC?
What is the responsibility of the Credit Risk Management during renewal/review requests going to the MCC?
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What is the primary objective of pricing in the bank’s loan policy?
What is the primary objective of pricing in the bank’s loan policy?
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How often should interest on loans be paid, according to the text?
How often should interest on loans be paid, according to the text?
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What should loan proposals carry to indicate customer’s capacity to cover cost increases due to interest rate fluctuations?
What should loan proposals carry to indicate customer’s capacity to cover cost increases due to interest rate fluctuations?
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What should the Commitment/Offer Letter contain in relation to the interest rate?
What should the Commitment/Offer Letter contain in relation to the interest rate?
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What are fees considered as, in relation to the bank’s income?
What are fees considered as, in relation to the bank’s income?
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