Challenger App

No.1 PSC Learning App

1M+ Downloads
How is the credit risk managed in a consortium banking arrangement?

AShifted entirely to the lead bank

BAbsorbed by the borrower

CDistributed among participating banks

DManaged through external insurance

Answer:

C. Distributed among participating banks

Read Explanation:

.


Related Questions:

The world 'customer' signifies a relationship in which essence
The agency function related to standing instructions involves:
Endorsement facilitates that ....
Which of the following is not a major objective of funds management?
Under FATF recommendations, financial institutions must especially monitor: