Page 43 - GTBANK GAMNBIA 2021 ANNUAL REPORT

S/N Stakeholders Task Responsibilities

1. Account Officers Gather information on • Obtain qualitative information on the prospective
prospective borrower through one on one interviews, on-site
borrowers visitations, credit bureau checks, industry report
etc.
• Obtain quantitative information (from financial
statement) and loan application documentation
from the prospective borrower.
• Review risks inherent in the customer’s
business/industry based on the information
obtained
• If satisfactory, initiate customers’ application on
and determine customers’ credit rating
2. Relationship Manager Review • Review the financial and non-financial data and
other attached documentation for accuracy and
completeness
• Ensure that the purpose of the borrowing is
permissible under the Bank’s lending policy and in
line with the CBG credit guidelines.
3. Approving Authorities Approve • Review credit proposal for accuracy and
completeness
• Approve the facility if within limit, otherwise shall
• Group Head recommend to the next higher lending authority
• Divisional Head
• ED/MD
• Management Credit
Committee
• Board Credit
Committee
4. Legal Department Review • Ensure loan agreement documentation are
documentation properly executed by the prospective obligor
• Review collateral documentation for accuracy and
completeness
5. Financial Control • Review • Review the Forward Looking Information (FLI) and
macro-economic variables for

completeness and accuracy
• The Finance department will ensure that all data
fields required under the detailed
S/N Stakeholders Task Responsibilities

disclosure requirement as laid down by the
regulator are being captured and no manual
• Disclosure intervention takes place outside of the ECL policy
and procedures.

• Ensure all relevant information pertaining to the
ECL methodology and the results are presented
to investors and various stakeholders.

Annual Report 2021

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