Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

MATCHING OF LOAN TYPES WITH CUSTOMER REQUIREMENTS Banking module Type of loan Need Type of customer Matching good or not? Recommended form of finance Reason

image text in transcribed

MATCHING OF LOAN TYPES WITH CUSTOMER REQUIREMENTS

Banking module

Type of loan Need Type of customer Matching good or not? Recommended form of finance Reason why matching is goodot good Manufacturing company Overdraft supported by industrial mortgage Purchase of industrial land and putting up of a large building for operational business activities Wealthy consumer Increase in existing term loan on farm property supported by mortgage on farm Purchasing of a seaside apartment for investment purchases Medium size business Foreign currency seven-year variable rate loan financed from bank's own foreign fund pool and supported by mortgage on financed chattels Local interest rates in this country regarded as extremely high. Foreign rates much lower for purchase of manufacturing equipment

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions