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German to English translations [PRO]
Bus/Financial - Finance (general) | | German term or phrase: Abwicklungsengagement | | Das Portfolio enthält Sanierungs- und Abwicklungsengagements aus dem Regionalgeschäft mit Firmenkunden, welches seit dem Jahr 2002 nicht mehr aktiv betrieben wird. Im Rahmen einer Umstrukturierung wurden diese Kunden aus technischen Gründen separiert und in einem Sonderportfolio zusammengefasst. |
| njbeckettKudoZ activityQuestions: 2578 ( 3 open) ( 1 without valid answers) ( 44 closed without grading) Answers: 42
Germany
| Local time: 04:11
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| | exposure subject to recovery | Explanation:
"Abwicklung" beschreibt in diesem Zusammenhang die Glattstellung des Kreditengagements, meist unter Verwertung der Sicherheiten. |
| Selected response from:
 Ralf Lemster
Germany
Local time: 04:11
| Grading comment | 4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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