Loan transferability: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create the page. Source: ACT CFF exam April 2015.) |
(No difference)
|
Revision as of 15:42, 25 June 2015
A feature of loan documentation, giving lenders the right to transfer the loan to a different lender.
Lenders value loan transferability, as it gives them the flexibility to manage their balance sheets by fine-tuning their asset portfolios to meet capital adequacy requirements or for other purposes.
