186. In the case of loans to shipbuilding, institutions should establish that the borrower: a. has …

In the case of loans to shipbuilding, institutions should establish that the borrower:

• a. has a plausible business plan, including a rationale for the development and a projection of all associated costs verified by an independent expert;
• b. has access to builders, marine architects, engineers and shipbuilding contractors;
• c. has obtained or is able to obtain in the future all necessary permits and certificates for the development, as the project progresses. 5.2.11 Project finance

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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