Counterparties are retailers/consumers, corporate, or sovereign clients of the bank who obtain credit facilities based on agreed terms and conditions.

Question

Quizplus · Accepted Answer

Counterparties can indeed be retailers/consumers, corporate entities, or sovereign clients who engage with banks to obtain credit facilities under specific terms and conditions. These parties enter into financial agreements with the bank, making them counterparties to the transaction.

Counterparties Are Retailers/consumers, Corporate, or Sovereign Clients of the Bank