What Is a Lead Bank?

The international syndicated loan lead bank is the bank that accepts the entrustment of the borrower, is responsible for organizing the syndicate, and is responsible for drafting loan documents and information memoranda. The lead bank must be one of the participating banks providing the loan. Its main responsibilities are: Negotiate loan conditions with the borrower. Analyze the borrower's financial and credit status, investment plan, and the country's balance of payments, import and export status, and other relevant information, and prepare a manual based on this for reference by potential participating banks. ^[1]