In accordance with the provision of Article 79 of Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions. June 2006 relating to the taking up and pursuit of the business of credit institutions, banks’ exposures shall be classified in the following order based on credit quality considerations: “(a) exposures or contingent exposures to central governments or central banks; – (b) exposures or contingent exposures to local authorities; – (c) exposures or contingent exposures to administrative bodies and non-commercial enterprises; – (d) exposures or contingent exposures to multilateral development banks; – (e) exposures or contingent exposures to international organizations; – (f) exposures or contingent exposures to institutions. – g) claims or contingent claims on corporates, – h) retail claims or contingent retail claims, – i) claims or contingent claims secured by real estate, – j) past due items, – k) high risk items, – l) claims in the form of covered bonds, – m) securitization positions, – n) short-term claims on credit institutions and corporates, – o) exposures in the form of units in undertakings for collective investment (UCITS), or – p) other items.”
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/