Guidelines on loan origination and monitoring (EBA/GL/2020/06)

1. Compliance and reporting obligations

2. Subject matter, scope and definitions

3. Implementation

4. Internal governance for credit granting and monitoring

5. Loan origination procedures

6. Pricing

7. Valuation of immovable and movable property

8. Monitoring framework

This annex provides a set of criteria to be considered in the design and documentation of credit-granting criteria, in accordance with these guidelines.

Lending to consumers

This annex provides a set of information, data items and evidence to be considered by institutions and creditors when collecting information for the purposes of creditworthiness assessment, in accordance with these guidelines. When relevant and more appropriate, e.g. when using automated models in credit granting, institutions and creditors may use other types/sources of information and data of an economic or financial nature that are necessary for the assessment, in compliance with the applicable legislation and in particular Directive 2008/48/EC, Directive 2014/17/EU and Regulation (EU) 2016/679.

A. Lending to consumers

This annex provides a set of credit-specific metrics to be considered by institutions and creditors when performing creditworthiness assessments and credit risk monitoring, in accordance with these guidelines. Where relevant and more appropriate, institutions and creditors may use other metrics for that purpose.

A. Lending to consumers