The maximum amount of credit that a bank may extend to all of its insiders is known as the ______________and is equal to 100 percent of its unimpaired capital and surplus.
The aggregate lending limit refers to the maximum amount of credit that a bank can extend to all of its insiders combined. This limit is typically set at 100 percent of the bank's unimpaired capital and surplus, as specified by regulatory guidelines.
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Cam22
4 months ago