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CREDIT APPROVAL PROCESS

CREDIT APPROVAL PROCESS

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Published by ERIC
a BANK'S CREDIT APPROVAL PROCES FOR OVERDRAFTS, LOANS ETC.
a BANK'S CREDIT APPROVAL PROCES FOR OVERDRAFTS, LOANS ETC.

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Published by: ERIC on Jan 24, 2011
Copyright:Attribution Non-commercial

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01/24/2011

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CREDIT APPROVAL PROCESS
1, Loan Origination & Approval (Branches)Stage 1Stage 2Stage 3Stage 42, Quality Check (Credit Risk Department)Stage 5 Stage 6 Stage 7
Customer obtain allInformation /DocumentationAppraisal /approval of creditapplicationComplete credit application& submit the form to the branch credit committeePrepare offer letter for signing by customers &submit approved creditapplication, accept letter of offer & relevant information& doc to credit dept.Receive complete creditapplication &Conform compliance withcredit policy requirement
 
2, Perfection of security Documentation (Credit Administration Unit)Stage 7 Stage 8 Stage 9Stage 10 Stage 11 Stage 12Stage 13 Stage 14 Stage 15
 

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