DonewellBank Limited is a new bank opened in Accra, Ghana and has been operating for six (6) months now. The bank intends opening branches in all the sixteen regional capitals within a period of two years.

You have just been employed as Head of Credit with over fifteen years experience acquired working in various departments including credit risk with two big banks in the country. Your employers have charged you as your first major task to design a time tested written credit policy document for the new bank.

Taking into account all the knowledge about the banking industry and the general economy of Ghana, you are required to prepare a credit/loan policy document for Donewell Bank Limited.

[30 marks]