answersLogoWhite

0


Best Answer

to give loan to comsumer

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the roles of a credit officer in a banking sector?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

How can someone become a Futures Brokers?

As futures brokerage is a high-level and niche sector of the banking industry, high achievers in the banking industry are required to fill the roles. Apply to banks which operate in this area and work your way up through networking, attaining the in-house licenses and showing yourself to be a committed employee who won't mind the 24-hour requirements of the position. Typically you should look to start working as an administrative associate with an experienced broker.


What are the roles of banking in nation building?

1. Banks control the money supply and credit in the best interest of economy so that excess demand and excess supply can be managed properly. 2. They provide different kinds of loans and advances to many enterprenuers so that they can set up their business which will increase employment, national income and other such things which helps in nation building.


Which of the following is a reason the roles of a Certifying Officer and an Accountable Official are important?

They ensure legally accurate and timely recording of supporting documentation and payment vouchers


The roles of a Certifying Officer and an Accountable Official are important?

They are important because they ensure legally accurate and timely recording of supporting documentation and payment vouchers


Functions of credit department in a bank?

The credit department's main function is to lend money. There are several roles and responsibilities that go along with this.Assessing the potential loss risk of the loanDeveloping and adhering to lending policiesUnderstanding of lending lawsKnowledge of in house lending proceduresAnalyze the financial condition of the borrowerSecuring collateral and guaranteesCollecting proper documentation

Related questions

Roles and functions of accountant in a banking sector?

roles of accountant in a banking sector


What are the roles of jua Kali sector in Kenya?

ok


What are the roles of private sector in tourism?

i don't no that u


What are the roles of the household sector?

To spend income and consume


What are the roles of a logistics officer?

list of logistic officer responsibilities


What is the role of industrial sector in development?

specific roles of industry


What is the role of industrial sector in economic development?

specific roles of industry


Role of SEBI in regulating merchant banking industry?

at are the roles of SEBI


What is the roles and responsibilities of a credit collection officer?

· To initiative to solve customers credit related queries and issues · Process as per business rules and meet the Quality & Quantity targets · Maintain Data Protection · Be aware and adhere to the policies and procedures of the organization


What are the roles of formal sector in economic development?

the roles is helping the people in the community bto develop oneself rather contributing poverty in the society


Lifestyle factors affecting job roles in the construction sector?

Lifestyle factors affecting job roles in the construction sector may include the physical demands of the job, irregular working hours, exposure to outdoor elements, and the need for mobility and flexibility.


Where can I find chief officer jobs?

View Chief Officer jobs on Careersforleaders.com the job board for executive and management roles.