← Level 2: Credit Analysis and Appraisal

Structuring and pricing the facility

Module 04 / 5 · 70 min

Shape security, the owner's stake, conditions and price so that the deal fits the risk the analysis has found.

In this module you will learn to

Compute collateral coverage after haircuts and apply revaluation rules
Set and verify the owner's equity contribution for project, vehicle and machinery loans
Draft conditions precedent and financial, information and operating covenants
Build a loan price from cost of funds, operating cost, margin, term premium and risk premium

Built on

Erudite Africa training module: Level 2: Credit Analysis and Appraisal (October 2026)
Erudite Africa: Credit Analysis Training Program overview (October 2026)
A commercial bank's Revised Credit Procedure Manual (August 2025), unnamed
NBE directives as listed in the lessons: SBB/87/2024, SBB/88/2024, SBB/90/2024, NBE/INT/13/2026, CRB/02/2019, MCR/01/2020
Movable Property Security Right Proclamation No. 1147/2019

Examples and companies are fictional. Bank practices are shown as typical Ethiopian practice, not as any one bank's policy. Always apply your own institution's approved policy and the current NBE directives.