Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What steps will you take to ensure that your customers do not exceed their credit limit?

user-image
Question added by Mohamedaslam Mohamed Abba , Bursar/Accountant , Sheikh Zayed Children Welfare centre
Date Posted: 2014/07/09
KARKALA MADHUKAR PRABHU
by KARKALA MADHUKAR PRABHU , UNIT HEAD CREDIT RISK , BBK

Obviously, each counterparty has a credit limit for each trade finance product which is set in the core banking system. However, apart from this, a Bank would have limits for each country, geography, commodity, sector etc. Contractually, the Bank has to build-in these factors so that it undertakes those transactions which it is comfortable with.

 

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.