EBA NPL.Loan.Principal Payment Frequency

From Open Risk Manual

Definition of Loan / Principal Payment Frequency

Loan.Principal Payment Frequency: Frequency that the principal payment is currently made based on the current Loan Agreement as at the NPL Portfolio Cut-Off Date

  • EBA Field Index 7.062
  • Documentation Entry 184

Description

"Principal Payment Frequency" is the frequency that the principal payment is currently made based on the current Loan Agreement as at the NPL Portfolio Cut-Off Date.

Field Characteristics

The field type is a Choice populated by the list identified in the data field in Part II Section 5, "Interest Payment Frequency". The following choices are available:

  • (a) Monthly
  • (b) Quarterly
  • (c) Semi-Annually
  • (d) Annually
  • (e) Daily
  • (f) Other


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