EBA NPL.Loan.External Credit Rating at Origination

From Open Risk Manual

Definition of Loan / External Credit Rating at Origination

Loan.External Credit Rating at Origination: External credit rating issued to the Loan applicable at the point of time when the counterparty became a customer. In case several ratings are assigned, the approach described in Art. 138 of the CRR applies.

  • EBA Field Index 7.088
  • Documentation Entry 210

Description

"External Credit Rating at Origination" is External credit rating issued to the loan applicable at the point of time when the Counterparty became a customer and choose the lowest one if there are multiple ratings. The External Credit Rating at Origination is in some instances the same at Counterparty level as it is at loan level.

Field Characteristics

The field type is Text.


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

The field belongs to the EBA NPL Loan 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