Monitoring Each Loan

T. H. Donaldson
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T. H. Donaldson: J. P. Morgan

Chapter 7 in Credit Control in Boom and Recession, 1994, pp 91-102 from Palgrave Macmillan

Abstract: Abstract The importance of monitoring cannot be overstated, but can easily be overlooked. It is at best unglamorous, since the best proof of success is that nothing untoward happens, making it hard to reward and to motivate people. ‘The losses we did not make’ is not an inspiring basis for a claim for higher salary or recognition, which is a pity because it often describes a major achievement.

Keywords: Ratio Covenant; Account Officer; Credit Information; Credit Specialist; Leasing Company (search for similar items in EconPapers)
Date: 1994
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DOI: 10.1057/9780230390249_7

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