EBA NPL.Counterparty Group.Description of Cross Default

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Definition of Counterparty Group / Description of Cross Default

Counterparty Group.Description of Cross Default: Description of cross default when "Partial" is selected in field "Cross Default in Borrower Group"

  • EBA Field Index 2.007
  • Documentation Entry 10

Description

"Description of Cross Default" is a description of cross default when "Partial" is selected in "Cross Default in Counterparty Group". The description is to provide more details on the Cross Default.

Field Characteristics

The field type is Text.

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

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

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