2 Overview
This topic describes information about the Overview in the Group Concentration Extension Process.
The validity of liability set for the group entity during Group Concentration Limit Process is determined based on the performance of the group entity. As the group entity’s performance improve over the period of time, the banks can increase the validity of set limit.
The Group Concentration Extension Process in OBCFPM is a simple process specifically designed with the following stages to extend the expiry of group concentration limit:
- Initiation
- Enrichment
- Review and Recommendation
- Approval
- Documentation
- Handoff
- Handoff - Manual Retry (applicable in case of Handoff failure)