ADMINISTRATION AND PROCEDURES FOR THE ANALYSIS OF THE CREDIT RISK ASSOCIATED WITH LOANS Sample Clauses

ADMINISTRATION AND PROCEDURES FOR THE ANALYSIS OF THE CREDIT RISK ASSOCIATED WITH LOANS. The bank must maintain a Credit Manual with at least one well-documented section on the procedure for the administration and control of the credit risk relating to its loans which evaluates the debtor’s creditworthiness and its impact on the loan, differentiating between each phase of the credit cycle: analysis, monitoring and recovery.
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