When more than one bank is allowing credit facilities to one party in coordination with each other under a formal arrangement, the arrangement is generally known as [BOB 2008]

When more than one bank is allowing credit facilities to one party in

1.	When more than one bank is allowing credit facilities to one party in coordination with each other under a formal arrangement, the arrangement is generally known as [BOB 2008]
A.	Participation
B.	Consortium
C.	Syndication
D.	Multiple banking
Answer» C. Syndication

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When more than one bank is allowing credit facilities to one party in coordination with each other under a formal arrangement, the arrangement is generally known as [BOB 2008]

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