Who Makes the Decision?

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

Chapter 4 in Credit Control in Boom and Recession, 1994, pp 46-63 from Palgrave Macmillan

Abstract: Abstract All banks have rules as to who can take credit decisions. They should be clear and specify levels of authority; numbers needed to make the decision; whether authority is cumulative, pooled or individual; whether authority relates to the transaction or total exposure, and any special requirements for specific types of credit exposure. Some banks use a separate structure for counterparty — or Treasury or investment banking — credit; this chapter will deal mainly with plain lending authority, with specialised requirements for counterparty or products covered in Chapter 6.

Keywords: Credit Risk; Head Office; Account Officer; Small Business Lending; Branch Manager (search for similar items in EconPapers)
Date: 1994
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DOI: 10.1057/9780230390249_4

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