The International Loan Documentation provides a highly practical and comprehensive resource for bankers and lawyers, at all levels of experience, involved in international lending.
Proper documentation is important in because the quality of documentation in the loan portfolio is directly related to credit quality ratings assigned by bank examiners. For example, examiners under the heading special mention classify a loan with an inadequate loan agreement or poor collateral control. It means that the loan is a potentially weak credit, and deficiencies in documentation need to be corrected to assure full repayment according to the original loan agreement.