The unemployment rate is based on the ILO definition To put our analysis in the current context, we compare our scenarios to the macroeconomic scenarios of the EBA 2021 EU-wide stress test (see Table 3) which also took into account the COVID-19 pandemic. Focusing on the adverse scenario, ...
We are aware that for a real-life implementation, the risk appetite of the model retained would most likely be based on the expected PD rather than the grade, as this would allow a more granular definition of the risk appetite. For each approved loan i on a given year, whose PD has ...
EBA NPL template Field Section Field Name Content to report Format field code ED1_ Underlying Foreign Indicating whether the {Y/N} AR16 RREL exposures National borrower is a foreign information national of the country in section which the property and mortgage loan resides. ED2_ Underlying ...
The creditors' interest in minimizing their credit risk thus does not provide a sufficient safeguard against irresponsible lending and resulting consumer detriment. At present, there is no universally accepted definition of the term "consumer detriment." Given that this article primarily analyses ...