Division 5 BREAKDOWN OF NON-TRADING LOANS AND ADVANCES BY PRODUCT (5)F1

‘ on demand (call) and short notice (current account) ’ shall include balances receivable on demand (call), at short notice (by close of business on the day following that on which the demand was made), current accounts and similar balances including loans that are overnight deposits for the borrower (loans to be repaid by close of business on the day following that in which it was granted), regardless of their legal form. It shall also include ‘ overdrafts ’ that are debit balances on current account balances and compulsory reserves held at the central bank;

‘ Credit card debt ’ shall include credit granted either via delayed debit cards or via credit cards as defined in the Table of Part 2 of Annex II to the ECB BSI Regulation;

‘ Trade receivables ’ shall include loans to other debtors granted on the basis of bills or other documents that give the right to receive the proceeds of transactions for the sale of goods or provision of services. That item shall include all factoring and similar transactions, like acceptances, outright purchase of trade receivables, forfaiting, discounting of invoice, bills of exchange, commercial papers and other claims where the reporting institution buys the trade receivables (both with and without recourse);

‘ Finance leases ’ shall include the carrying amount of finance lease receivables. Under IFRS, ‘ finance lease receivables ’ are as defined in IAS 17;

‘ Reverse repurchase loans ’ shall include finance granted in exchange for securities or gold bought under repurchase agreements or borrowed under securities lending agreements as defined in paragraphs 183 and 184 of this Part;

‘ Other term loans ’ shall include debit balances with contractually fixed maturities or terms that are not included in other items;

‘ Advances that are not loans ’ shall include advances that cannot be classified as loans in accordance with the Table of Part 2 of Annex II to the ECB BSI Regulation. That item shall include, among others, gross amounts receivable in respect of suspense items (such as funds that are awaiting investment, transfer, or settlement) and transit items (such as cheques and other forms of payment that have been sent for collection).

‘ Loans collateralized by immovable property ’ shall include loans and advances formally secured by residential or commercial immovable property collateral, regardless of their loan/collateral ratio (commonly referred as ‘ loan-to-value ’ ) and the legal form of the collateral;

‘ Other collateralized loans ’ shall include loans and advances formally secured by collateral, regardless of their loan/collateral ratio (commonly referred to as ‘ loan-to-value ’ (LTV) ratio) and the legal form of the collateral, other than ‘ Loans collateralised by immovable property ’ . That collateral shall include pledges of securities, cash, and other collateral, regardless of the legal form of the collateral.

‘ Credit for consumption ’ shall include loans granted mainly for the personal consumption of goods and services, as defined in the Table of Part 2 of Annex II to the ECB BSI Regulation;

‘ Lending for house purchase ’ shall include credit extended to households for the purpose of investing in houses for own use or rental, including building and refurbishments, as defined in the Table of Part 2 of Annex II to the ECB BSI Regulation.