EBA NPL.Counterparty.External Credit Rating at Origination

From Open Risk Manual

Definition of Counterparty / External Credit Rating at Origination

Counterparty.External Credit Rating at Origination: External credit rating issued to the Corporate Counterparty applicable at the point in time when the Counterparty became a customer

  • EBA Field Index 3.024
  • Documentation Entry 37

Description

"External Credit Rating at Origination" is the external credit rating issued to the Corporate Counterparty at the point in time when the Counterparty became a customer. Choose the lowest one if there are multiple ratings. In case several ratings are assigned, the approach described in Art 138 of the CRR applies.

Field Characteristics

The field type is Text.


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

The field belongs to the EBA NPL Counterparty Table.

The field applies to 3 of the 7 EBA NPL Asset Classes. It does not apply to Residential Real Estate Loans, Unsecured Loans, Auto Loans, Specialised Lending,

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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