This video discusses the typical steps followed by Equity Bank Kenya to manage a delinquent loan and describes the recovery process of Biashara Imara product. Equity bank team explains that the process begins with a call to the borrower followed by a visit to his/her residence. If the loan amount is still arrear then the […]
In this video, Equity Bank Kenya shares their process of approving larger loans. Equity Bank team explains their process to sanction loan above USD3000, which requires second level approval from the head-office. It further requires mapping of the business and residential premises of the client. Richard Turner, former Chief Credit Officer, ShoreBank concludes the topic […]
In this video series-2, Richard Turner, former Chief Credit Officer, ShoreBank, ends his argument by explaining the last circle: Management. Here he talks about the importance of analysing management capacity when making lending decisions. He further explains the need to make alternative projections before writing loans up for approval.
This video highlights the most important stage of credit cycle – Credit Committee – where a loan officer presents his/her case along with suggested loan amount for analysis. Join a typical Credit Committee of Equity Bank and see how the loan proposals get approved and rejected. The committee explains the reasons for selection and returns […]
In this video series-3, Richard Turner, former Chief Credit Officer, ShoreBank, talks about loan appraisal and discusses how credit officer should behave during the appraisal. He also shares his general observations about underwriting loans.
In this video series-1, Richard Turner, the former Chief Credit Officer, ShoreBank, shares his “tricks of the trade” for loan analysis. Richard explains the Lending Process as an intersection of the three circles: Market, Management and Mathematics. He further explains the dynamic relation between the three components. Turner has been involved in making loans and […]