EBA NPL.Loan.Governing Law of Loan Agreement

From Open Risk Manual

Definition of Loan / Governing Law of Loan Agreement

Loan.Governing Law of Loan Agreement: Governing law is the law of the country in which the Loan Agreement was entered into. This does not necessarily correspond to the country where the loan was originated

  • EBA Field Index 7.006
  • Documentation Entry 128

Description

"Governing Law of Loan Agreement" is the governing law, which is the law of the country in which the Loan Agreement was entered into. This does not necessarily correspond to the country where the loan was originated.

Field Characteristics

The field type is a Choice field populated using ISO 3166 ALPHA-2. The following choices are available:

  • REF: ISO 3166 ALPHA-2


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

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