Credit Policy Review

A Credit Policy Review is the process of examining and updating guidelines used by financial institutions to assess and manage the risk of lending money. It involves evaluating how well the current rules and procedures are working to prevent losses from borrowers who may not repay their loans. This review helps ensure that the lending policies are effective, fair, and aligned with current market conditions and regulations. By doing so, it aids in making informed decisions on credit approvals, improving financial stability, and protecting both the lender and the borrower.