What does bank examination mean?

bank examination meaning in Law Dictionary

whenever a countries central lender does an inspection of its finance companies. It's checking for appropriate management, customers, policy, after nationwide plan, stability, and how clear its operations tend to be. Make reference to CAMELS rating.

bank examination meaning in Business Dictionary

regular assessment of a country's financial institutions (also depository institutions) because of the examiners appointed by the country's central lender. The targets of a bank assessment feature assessment of (1) the grade of its administration, (2) the grade of its assets (primarily, financial loans to customers), (3) its conformity with financial laws, (4) its financial security, (5) its lending policies, and (6) the transparency of their functions. See also CAMELS rating.

bank examination meaning in General Dictionary

an examination of the affairs and files of a bank by circumstances or national lender examiner