15. In the event that the ADC project related to the residential property is financed through a …

In the event that the ADC project related to the residential property is financed through a syndicated loan or multiple loans, the institution should consider in the denominator under paragraph 14.b the sum of all loans and credit facilities provided by all institutions to finance the ADC project. For the purposes of calculating the ratio referred to in paragraph 14, in the case where a single credit facility finances a property whose intended use is partly for sale and partly for lease, the denominator must only reflect the portion of the credit facility that finances the construction intended for sale.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/