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.) |
imported>Doug Williamson (Link with Loan transferability page.) |
||
| Line 10: | Line 10: | ||
* [[Documentation]] | * [[Documentation]] | ||
* [[Novation]] | * [[Novation]] | ||
* [[Transferee]] | |||
Revision as of 17:01, 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.
