A loan of that degree of risk would normally be provisioned on the order of 30% or 40%. That would be normal commercial practice. These rules of thumb are followed by almost all banks, including EDC.
Senior Vice-President, Financing Products Group, International Trade, Export Development Canada
A loan of that degree of risk would normally be provisioned on the order of 30% or 40%. That would be normal commercial practice. These rules of thumb are followed by almost all banks, including EDC.
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