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Select ALL the reasons that make a borrower's industry classification code important. Review Later It may be used to cross-reference internal information about the client's
Select ALL the reasons that make a borrower's industry classification code important.
Review Later
It may be used to cross-reference internal information about the client's industry.
It is useful to identify if a client is involved in multiple industries.
It allows the lending organization to assess its credit portfolio to ensure that it is not over-exposed to specific industries.
It creates a more accurate picture of who the borrower's competitors are.
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