TOOL 4.0
BANK ACTION – 7 INTERNAL STEPS
| Steps | Tool |
|---|---|
| 1. Establish who is the Borrower and the Credit base | PL 4.1 |
| 2. Establish Nature & Type of Outstanding’s Tool | PL 4.2 |
| 3. Assess value of Security/other protection Tool | PL 4.3 |
| 4. Limit or reduce exposure Tool | PL 4.4 |
| 5. Evaluate all Documentation Tool | PL 4.5 |
| 6. Check position of other Stakeholders Tool | PL 4.6 |
| 7. Stop the ”Bleeding” Tool | PL 4.7 |
