144. When carrying out the creditworthiness assessment, institutions should: a. analyse the …

When carrying out the creditworthiness assessment, institutions should:

a. analyse the financial position and credit risk of the borrower, as set out below;
b. analyse the organisational structure, business model and strategy of the borrower, as set out below;
c. determine and assess the borrower’s credit scoring or internal rating, where applicable, in accordance with the credit risk policies and procedures;
d. consider all the borrower’s financial commitments, such as all drawn and undrawn committed facilities with institutions, including working capital facilities, credit exposures of the borrower and the past repayment behaviour of the borrower, as well as other obligations arising from tax or other public authorities or social security funds;
e. assess the structure of the transaction, including the risk of structural subordination and related terms, e.g. covenants, and, if applicable, third-party guarantees and collateral structure.

1. Forbhreathnú

Teideal	Rialáil

Ceanglais
Foinse	Ceanglas

Caighdeáin
Foinse	Ceanglas