What is credit monitoring
Posted on Dec 2, 2000 08:15:27 AM
Loans are the main source of income for the bank, while the main cause of risk. On the structure and loan portfolio quality are dependent stability of the bank and its future. Therefore, all the banks carry out credit monitoring, which includes a system for monitoring the repayment of loans, the development and adoption of measures to tackle this problem.
Checking the credits required for the implementation of sound program of bank lending. It helps the management of the bank not only quickly identify-lyat bad loans, but also to constantly monitor compliance of bank’s loan policy actions authorized employees of the credit department. Credit Monitoring also helps the Board of Directors ¬ ditch bank in assessing the overall risk and implement appropriate measures to strengthen the financial stability of the bank.
- What is especially syndicated loans
- How to make a credit agreement
- Results for source of credit risk
- Forms of credit
- Take credit for starting a business