As opposed to local credit contracts that are usually drafted by in-house Lawyers of each Bank, there is also a standardized LMA credit contract, that was created by LMA, has pre-defined sections and content and is governed by UK Law. When two counterparties agree on LMA standard, then this provide quite a good comfort for […]
Lending activities still dominate on core-business of financial institutions and banks, especially in terms of their Balance sheet and Income structure, as they account for more than 50% of Assets and generate major part of Interest income. This structure may slightly differ when it comes to Investment banking or Specialized lending vehicles, but speaking about […]
6. 2. 2019