Challenger App

No.1 PSC Learning App

1M+ Downloads
What distinguishes consortium lending from loan syndication?

AInformal agreements among lenders

BGreater flexibility in repayment

CFormal structure with a legal contract

DInvolves only foreign banks

Answer:

C. Formal structure with a legal contract

Read Explanation:

.


Related Questions:

The document drawn by a debtor on the creditor agreement to pay a certain sum is called ---
--- refers to a system of banking in which two or more independent banks are brought under the control of a holding company.
The bank’s general utility function of acting as a trustee requires it to:
---- is a loan for short term temporary financing for Business firms.
---- is a person who draws or makes a cheque.