Credit Administration department functions start once the credit facility is approved by the Bank's lending authority. The core functions of the Credit Administration is broadly categorized as follows: Preparation of all loan documents (creating security coverage) and arranging its proper execution by the Customers. Record keeping and safe custody of all type of legal document including the property title documents. Arrangement of disbursement of loan facility once security documents are complete as per the approved terms. Liase with the Bank's lawyers for preparation of Credit Agreement and all other security documents. Manage loan data administration to help generate various periodical reports to the regulatory authorities and bank management i.e. Securities & Exchange Commission of Pakistan, State Bank of Pakistan and the Bank's Board of Directors. Preparing and circulating monthly statistical reports on overdues and recovery position of the outstanding loan portfolio. Preparation of data on composition of loan portfolio with respect to tenure, industry, sector and geographic location. Initiation of legal proceeding against defaulters, help assist lawyer in preparation of recovery suits, plaint etc. Attending legal proceedings in the Court and appear in the Court as bank witness in cross examination etc. Arranging sale of mortgaged properties under Financial Institutions (recovery ordinance) 2001, through public auction and comparative bid evaluation.