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Postal codes: USA: 81657, Canada: T5A 0A7

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What does SNC stand for?

Shared National Credit (US bank examiners)

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This definition appears very rarely and is found in the following Acronym Finder categories:
  • Business, finance, etc.

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We have 189 other definitions for SNC in our Acronym Attic

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Save Nilgiris Campaign (India)
Schedule Notification Center
School Nurse Certificate
School of Natural Cookery (Boulder, Colorado)
Second National Communication (environment)
Secure Network Chat (text chat solution)
Secure Network Communication
Semaine Nationale de La Culture (French: National Week of Culture; Burkina Faso)
Serious Non-Compliance (Australia)
Services Nationaux du Contentieux
Ship Noise Control
Sierra Nevada College (est. 1969)
Sierra Nevada Conservancy (California)
Sierra Nevada Corporation (Sparks, NV)
Significant Noncompliance
Significant Noncompliers
Single Nucleotide Change (biotechnology)
Sistema Nervioso Central
Skilled Nursing Care

Samples in periodicals archive:
Shared national credit loans outstanding increased, however, by 11.
In the case of the first loan, the Bank recently received the results of the annual Shared National Credit Report.
The Shared National Credits (SNCs) Review for 2010 covers large loans and formal loan commitments that are shared by three or more supervised institutions.
The quality of syndicated bank credits showed continued improvement this year, according to the Shared National Credit (SNC) review released on September 15, 2005, by federal bank and thrift institution regulators.
The Report also notes that available data on shared national credits (SNC's), representing at least $20 million in loan commitments held by three or more federally supervised institutions, suggests a slightly different view on the credit market, one, it adds, "that is still in process.
The figures were released by Shared National Credit Programme (SNC) 2009 Review, an annual inter-agency report.
For example, we reduced our exposure to shared national credits and other outsized commercial loan relationships.
The federal banking and thrift institution regulatory agencies agreed on February 11, 2005, to extend the comment period for forty-five days on the proposed changes to the data collection process that supports the Shared National Credit review of large syndicated loans.

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