Example: tourism industry
Search results with tag "Off balance sheet"
Risk Management Guidelines - CBK | Central Bank of Kenya
www.centralbank.go.keand mitigation of the risks posed by its lending, investing, trading, securitisation, off balance sheet, fiduciary and other significant activities at the business line and firm-wide levels; Ensure that the economic substance of a bank’s risk exposures are fully recognised and incorporated into the bank’s risk management systems;
Audit of Loans and Advances - WIRC-ICAI
www.wirc-icai.org• Non-funded advances-Off balance sheet items-recorded under contingent liabilities. 1) Co-acceptance of bills-Seller dispatches goods and raises bill. Buyer accepts the bill which is co-accepted by buyer’s bank. Seller’s bank then discounts this bill. Generally used by customer’s to float accommodation bills (i.enot supported by