Impairment losses on loans and advances

Floating rate instrument a financial instrument for which the coupon is periodically reset relative to a reference index to reflect changes in short or medium term market interest rates .

An information platform was therefore available on a same day basis for all credit risk assessments.

Businesses will want to borrow, and banks will want to expand their lending.

Businesses will want to borrow, and banks will want to expand their lending.

the basis for the determination of impairment losses on loans and advances and for writing off uncollectible loans and advances (see paragraphs 43 49)

Bank subsidiaries will increasingly have to finance local lending with local deposits and other local funding.

the amount of the expense recognised in the period for impairment losses on loans and advances and the amount of any allowance account at the balance sheet date

However , according to the latest euro area bank lending survey , lenders tightened their credit standards to a significantly lesser extent .

3.2.2 The provision of liquidity and the freeing up of capital would allow transferring institutions to continue their lending activity .

In contrast to lending activities, banks commitment to foreign markets has remained virtually unaffected with respect to purely intermediary activities such as investment banking and asset management.

At this juncture, I should like to say to Mr Tyrrell that, while sharing his reservations about superfluous paperwork, I feel that his fears are somewhat exaggerated.

That way we could lower the amount that has to be covered by a corresponding Guarantee Fund transfer for each credit transaction.

This is also true for LSH since inter alia it conducts its refinancing business with savings banks and its lending business with municipalities.

This approach is not only proven, but it also provides both the incentives and wherewithal needed for lending to resume.

withdrawal from lines of business long term withdrawal from large customer and international business (e.g. loan transactions with foreign banks, advisory services for large customers, privatisation and aircraft financing),

In matters relating to a contract concluded by a person, the consumer, for a purpose which can be regarded as being outside his trade or profession, jurisdiction shall be determined by this Section, without prejudice to Articles 4 and 5(5), if

The results of the euro area Bank Lending Survey will henceforth be published on the day after the first Governing Council meeting in February , May , August and November .

During the crisis, the level of banking activity fell particularly strongly in capital intensive areas such as traditional lending to the private sector.

In the corporate business sector, the market share for loans would contract slightly between 2001 and 2006, while the share of the deposit market would remain almost constant.

2.2 10.1 2.0 0.8 0.3 2.3 4.1 44.6 9.4 Sources Eurostat , Thomson Financial Datastream and Hamburg Institute of International Economics .

( 44 ) If , at the time of exclusion from the list of eligible marketable assets , a debt instrument is being used in a Eurosystem credit operation , it will have to be removed as soon as possible .

Therefore a bank discloses the aggregate amount of any allowance account for impairment losses on loans and advances at the balance sheet date and the movements in the allowance account during the period.

BGB s share of the Berlin market in loans to private customers was expected to increase slightly by 2006, accompanied by only a slight dip in its share of the deposit business market.

The transfer of WBK gave LBB a considerably stronger capital base for its commercial, competitive lending business, allowing it to extend its operations significantly.

This is also indicated by the results of the bank lending survey for the euro area , which indicated a net easing of or broadly unchanged credit standards for enterprises in 2005 .

However, the crisis highlighted the need to improve transparency and monitoring not only in the traditional banking sector but also in areas where non bank credit activities took place, called shadow banking .

In line with this development , the October 2005 and January 2006 bank lending surveys reported that fixed investment contributed to an increase in the net demand for loans or credit lines by enterprises .

In the view of these commentators , activities such as deposit taking , payment services and lending could be split up because Internet banking would diminish the traditional synergies between them .

In contrast to larger firms , SMEs are typically not able to raise financing in the capital markets and , therefore , have to rely predominantly on bank credit or more expensive types of external finance ( e.g. trade credit , leasing and factoring , etc .) .

However, the crisis highlighted the need to improve transparency and monitoring not only in the traditional banking sector but also in areas where non bank credit activities took place, called shadow banking 1.

And, to add insult to injury, banks in advanced countries, especially those receiving aid from their governments, seem to be pulling back from lending in developing countries, including through branches and subsidiaries.

And, to add insult to injury, banks in advanced countries, especially those receiving aid from their governments, seem to be pulling back from lending in developing countries, including through branches and subsidiaries.

In the most important market segments, i.e. in particular deposits and lending, BGB s market share during the years before the crisis underwent only slightly positive or negative changes or else remained unchanged.

These features are linked to the national mortgage market structure , cultural habits and historical factors , as well as regulatory and fiscal issues , all of which vary substantially across the euro area .

Worse still, much of the money flowing into the banks to recapitalize them so that they could resume lending has been flowing out in the form of bonus payments and dividends.

Other things being equal, cross border lending fell less in countries with significant foreign bank presence than in emerging markets where foreign ownership of banks was not dominant.

Any amounts set aside in respect of losses on loans and advances in addition to impairment losses recognised under IAS 39 on loans and advances shall be accounted for as appropriations of retained earnings.

( 59 ) If , at the time of exclusion from the tier one list , a debt instrument is being used in a Eurosystem credit operation , it will have to be removed within 20 business days calculated from the time of exclusion from the list .

In pooling systems , the counterparty makes a pool of sufficient underlying assets available to the central bank to cover the related credits received from the central bank , thus implying that individual assets are not linked to specific credit operations .

It restrains excessive credit expansion during booms, while reducing the risk of bank failure or a much diminished capital base in recessions, thereby enabling bank lending to kick start a sustainable recovery.

Local circumstances or legislation may require or allow a bank to set aside amounts for impairment losses on loans and advances in addition to those losses that have been recognised under IAS 39.

In the present case, the Commission regarded the economic advantage conferred on BayernLB by the injection of own funds as consisting in particular in the increase in its commercial, competitive lending capacity (by dint of the business expansion function of equity capital).

In the present case, the Commission regarded the economic advantage conferred on LSH by the injection of own funds as consisting in particular in the increase in its commercial, competitive lending capacity (by dint of the business expansion function of equity capital).

This reflected a strong increase in the annual growth rate of MFI loans to the private sector , in an environment of low interest rates , improved credit supply conditions ( as reported by the bank lending survey for the euro area ) and strong asset price rises , particularly in the housing market .