1992-06-30

Commercial Lending Criteria

OSFI established these criteria to permit federally registered trust, loan, and life insurance companies with over $25 million in capital to expand commercial lending beyond the standard 5% of total assets limit. The guideline mandates a structured approval process requiring robust capital positions, documented credit risk management programs, and comprehensive business plans. It further defines eligible commercial loans, outlines application procedures, and requires ongoing supervisory monitoring to ensure sustained compliance with prudent lending standards.

Canada

Office of the Superintendent of Financial Institutions

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