54. When assessing whether the expression ‘to grant credit’ is met, competent authorities should …

When assessing whether the expression ‘to grant credit’ is met, competent authorities should focus in particular on whether the applicant credit institution will conclude agreements for the provision of a sum of money for a specified or unspecified purpose, for a period of time to be agreed, and to be repaid in accordance with agreed conditions, usually providing for remuneration. With specific regard to the expression ‘for its own account’, competent authorities should assess whether the applicant credit institution envisages being the creditor of the granted financing.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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  EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.

  DE: Leitlinien und weitere Veröffentlichungen der Europäischen Bankenaufsichtsbehörde (EBA), https://www.eba.europa.eu/. © European Banking Authority. Wiedergabe mit Quellenangabe gestattet (Rechtlicher Hinweis der EBA). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Maßgeblich sind allein die von der EBA veröffentlichten Fassungen.