BAO3404 - Report Writing For Advance Bank - Credit and Lending Decisions, Trade Finance & Client Relationships - Accounting Assignment Help

Assignment Task - 

Initiation  

Section A: Background

You are an employee of Advance Bank, a major financial institution. Currently employed in Advance Bank’s corporate banking division you are part of a small team responsible for managing the bank’s relationships with major corporations. Such relationships can include providing lending facilities, trade finance, money market and foreign exchange services, transaction facilities including payroll and electronic banking services for the corporation’s client relationships. From interest income and fees for service the institutional banking division is able to generate a healthy contribution to Advance Bank‘s annual profit. Advance Bank is keen to expand its presence in the corporate banking sector of the financial system, and has been actively seeking new corporate clients.

While it seeks to win new business, Advance Bank executives have determined that its traditional conservative approach to accepting risk will not be compromised. Accordingly, any facility approved outside Advance Bank lending policy must contain a clear rationale for acceptance of the business including all aspects outlined in Section B. Approval for such facilities can only be given by the Advance Bank Credit Committee, comprising the Chairman and 3 other non-executive board members.

Section B: Project Brief

Corporate Lending Teams at Advance Bank have been given responsibility for reviewing and assessing the new lending applications recently received. Recently, your team has been asked to provide the lending submission for your chosen company. Your recommendations in the written lending submission will go to the Directors Credit Committee for approval or rejection. Advance Bank uses a standard format for the lending submissions (see below).

Section C: Prospective Client – Submission received for Analysis

Name of the company: To be determined
Website: To be announced
Lending request: To be determined.

Section D: Further Information

The request for funding is hypothetical, although your lending submission is based on a real company. The predominant source of information for your lending submission will come from the company’s website. However, teams are expected to obtain relevant information from other sources when providing an analysis of the operations of the company in question. Reference to industry association reports and commentary about industry analysis provided by other reputable sources is an expectation of the Credit Committee of Advance Bank.

Use the 2019 ANNUAL REPORT for your lending submission.
When analysing the historical financials, the Credit Committee requires the use of data from the last
THREE years (2019, 2018 and 2017).

Information in excess of the word limit will be gathered, but your team must present a clear, concise and focused analysis of this information. The use of tables, charts and diagrams is an essential component of these submissions. You may use any pricing model to determine the interest rate on the proposed funding.

Various pricing models will be discussed in class. Central to your team’s report is risk assessment and ways your team can mitigate these risks. You will be required to provide detailed financial analysis. The Credit Committee pays particular attention to the quality of analysis and especially looks for examination of trends and changes that have occurred.

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