EBA NPL.Counterparty.Contingent Obligations

From Open Risk Manual

Definition of Counterparty / Contingent Obligations

Counterparty.Contingent Obligations: Indicator as to whether the Corporate Counterparty has contingent obligations which will be part of the sale, e.g. the Institution provided a guarantee to a real estate developer on their development

  • EBA Field Index 3.069
  • Documentation Entry 82

Description

"Contingent Obligations" is the indicator as to whether the Corporate Counterparty has contingent obligations which will be part of the sale A contingent obligation relates to a guarantee given by the Institution in respect of development projects or similar such arrangements. Often observable in real estate development or infrastructure development.

Field Characteristics

The field type is Boolean.


The field's importance for the Loan Tape is Important.

The field belongs to the EBA NPL Counterparty Table.

The field applies to 4 of the 7 EBA NPL Asset Classes. It does not apply to Residential Real Estate Loans, Unsecured Loans, Auto Loans,

The field applies to borrower type: Corporate.

The field is Not Confidential

Disclaimer

  • This text is generated automatically. Do not edit manually!
  • This information is provided as is. Refer to the EBA NPL Template for pointers to definitive instructions

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