1. Credit Risk Analytics User Guide
  2. Appendix A: User Configuration and Settings
  3. Standard Reclassifications
  4. Standard Line of Business Reclassification

A.1.3 Standard Line of Business Reclassification

Banks are required to map their specific Line Of Business (LOB) to the Standard LOB as part of the rule CRA - Standard Line of Business Reclassification. The application then reclassifies the bank LOB to Standard LOB and utilizes the Standard LOB for further processing. LOB types include Retail Banking, Private Banking, and Corporate Finance and so on.