EBA NPL.Counterparty Group.Description of Sponsor
Definition of Counterparty Group / Description of Sponsor
Counterparty Group.Description of Sponsor: Description and related narrative on the Sponsor
- EBA Field Index 2.005
- Documentation Entry 8
"Description of Sponsor" is a description and related narrative of the sponsor, e.g. the Sponsor is a high net worth individual and owns the Borrower via a fund.
The description is not limited to the main activities of the main sponsor and will include relevant comments related to the Credit Quality of the sponsor.
The field type is Text.
The field's importance for the Loan Tape is Moderate.
The field belongs to the EBA NPL Counterparty Group 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 is applicable to all borrower types.
The field is Not Confidential
- 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