Eurocredits are often very large loans, and so individual banks may not have the capacity to handle them. They are short to medium-term loans in Euros that are extended by Eurobanks to various entities. These transactions frequently require the use of a banking syndicate due to their size and complexity. Therefore, all of the above options are correct.

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Eurocredits

Question 77

Multiple Choice

Eurocredits

A) are often so large that individual banks cannot handle them.
B) are short- to medium-term loans of Eurocurrency extended by Eurobanks to corporations, sovereign governments, nonprime banks, or international organizations.
C) frequently require the use of a banking syndicate.
D) all of the above

Correct Answer: