EBA NPL.Counterparty.Number of Joint Counterparties

From Open Risk Manual

Definition of Counterparty / Number of Joint Counterparties

Counterparty.Number of Joint Counterparties: Number of joint Counterparties who jointly own parts of the Loan.

  • EBA Field Index 3.005
  • Documentation Entry 18

Description

"Number of Joint Counterparties" is the number of joint Counterparties who jointly own parts of the Loan. They are equally responsible for payments on the promissory notes as per the Loan Agreement and can have an equal or unequal share in the Non-Property or Property Collateral.

Field Characteristics

The field type is a Number.


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

The field belongs to the EBA NPL Counterparty Table.

The field applies to all of the 7 EBA NPL Asset Classes.

The field is applicable to all borrower types.

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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