- 20 Marks
EOB – OCT 2022 – L1 – Q4 – Loan Application Documents and Risks
Loan Documents, Facility Request, Risks, Personal Customers, Corporate Lending
Question
i.. MMMMM Limited ( (a grocery dealer) has applied for a loan One Million Ghana Cedis from Axis Bank Limited. State any five documents that the bank is likely to ask the company to provide in support of their facility request. (10 marks)
ii. State and explain any two risks a bank faces when it gives loan facilities to personal customers. (10 marks)
Find Related Questions by Tags, levels, etc.
- Tags: Corporate Lending, Facility Request, Loan Documents, Personal Customers, Risks
- Level: Level 1
- Topic: REVIEW AND CONTROL OF ACCOUNTS
- Series: OCT 2022
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