Syndicated Loan Process
Syndicated loan with the associated savings banks and network savings banks in the guarantor region without prior credit decision by the savings banks, NORD/LB credit decision made following the analysis by the market and back office division.
Syndicated loan with the associated savings banks and network savings banks in the guarantor region taking into account the credit decision of the savings bank as "first vote", NORD/LB credit decision by the market division:
- total NORD/LB exposure <= EUR 5,000,000 (no other credit exposure)
- finance & end rating <=10
- savings bank holds at least 50% of the overall exposure
- savings bank must already have approved the loan application