- 20 Marks
CBLP – JUL 2020 – L4 – Q2 – Duties in Lending Process
Describe duties of credit reference bureau and collateral registry in lending, and provisions under Section 62 of Act 930.
Question
As part ofthe lending process,
(a) Describethe duties orfunctions ofthe following:
(i) credit reference bureau, and
(i,) collateral registry
(b) Provisions under sedion 62 of the Banks and Specialised Deposit-Taking
lnstitutions Act, 2016 (Act 930)
(30 Marks)
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