Reduce Risk Know Your Customer
Published in
1 min readDec 3, 2016
The following white paper talks about the risks in lending and how you as a banker can mitagate those risks by getting to know the customer. The article introduces six processes of getting to know your customer. They are
- Know how the company operates
- Know the customers action plan
- Know your customer’s cash flow shortfalls
- Know your collateral position with the customer
- Know your customer’s financials and trigger points
- Know your customers market.
- The following six case examples illustrate these steps.
The following is a link to the full article.
