CRCAM definition

CRCAM means Caisse Regionale de Credit Agricole Mutuel;

Examples of CRCAM in a sentence

  • A credit beneficiary shall be an individual or group which is a member in good standing of the CRCAM or CLCAM to which it makes its application.

  • The total amount of credit committed by a CRCAM shall at no time exceed 50 % of the aggregated deposits of members of that CRCAM.

  • Each credit application shall be reviewed by the board of the CRCAM or CLCAM, or by a credit committee appointed by said board, before said board approves the credit.

  • Annual interest rates on credit, fixed by the board of a CRCAM or a CLCAM, shall be not lower than 12% and not higher than 24%.

  • A credit beneficiary shall have the equivalent of at least 10% of the amount of credit applied for in savings at the CRCAM or CLCAM to which it makes its application.