First call date datingsites namen Perpetual subordinated loans have no set maturity.
An irrevocable letter of credit cannot be cancelled or adjusted by the bank that has granted it for the duration of the agreement unless all those concerned agree.
(c) For institutions calculating risk-weighted exposure amounts in accordance with Chapter 2 of Title II of Part Three, general credit risk adjustments, gross of tax effects, of up to 1,25 of risk-weighted exposure amounts calculated in accordance with Chapter 2 of Title II of Part.
Sustainable engagement score The extent to which employees are motivated, enabled and energised to perform at their best and help ING to succeed.Treasury bills Generally, these are short-term debt certificates issued by a central government.Liquidity risk The risk that ING Group, or one of its subsidiaries, cannot meet its financial liabilities when they fall due, at reasonable costs and in a timely manner.Country of residence From the perspective of a given country, a resident is an individual or legal entity that has its major operations in the given country.Post-employment benefits are employee benefits other than termination benefits and equity compensation benefits, which are payable after the completion of employment.Authorised capital, the maximum amount of share capital that a public limited company or a private limited company can issue according to its Articles of Association.Bank for International Settlements (BIS the Bank for International Settlements is an international organisation, fostering the cooperation of central banks and international monetary policymakers.RC is calculated using regulatory approved internal models.Irrevocable facilities This mainly constitutes unused portions of irrevocable credit facilities granted to corporate customers and commitments made to purchase securities to be issued by governments and private issuers.Pre-settlement risk Pre-settlement risk arises when a counterparty defaults on a transaction before settlement and ING Group has to replace the contract by making a trade with another counterparty at the then prevailing (possibly unfavourable) market price.These changes come on top of the Basel III reforms, which were originally agreed.SSA categories are defined per: The EU regulation (EU) 575/2013 CRR, which defines exposure classes in Article 112 Article 132 (CRR).Foreign exchange rate risk (FX risk) Probability of loss occurring from an adverse movement in foreign exchange rates.Debit valuation adjustment (DVA) An adjustment made by ING to the valuation of 'over-the-counter' (OTC) derivative liabilities to reflect within fair value INGs own credit risk.
Recognition The process of incorporating in the balance sheet, or profit and loss account, an item that meets the definition of an element and satisfies the following criteria for recognition: It is probable that any future economic benefit associated with the item will flow.
They do not reflect, however, the credit risks assumed by entering into derivative transactions.
Dutch Treasury Certificates are regarded as Dutch Treasury Bills.Repurchase agreement (Repo) The sale of a financial instrument combined with an agreement to repurchase the same instrument at a future date.The parties legally assign their trades to the CCP (usually through novation and the CCP becomes the counterparty to each, assuming all rights and responsibilities.Net present value at risk (NPV at risk) NPV at risk measures the impact of changing interest rates on value.The first call date is the date on which ING has the option to repay and cancel the particular subordinated loan.The CRR is binding for all EU Member States and came into effect on, taking into account transitional arrangements, with the full requirements to take effect on Central Clearing Parties or Central Counterparties (CCP) A legal entity between two trade counterparties in a bilateral transaction.The glossary is offered to enhance your understanding of ING's business and results, but is by no means complete.Net asset value Used in the equity method of accounting.It is an actuarial valuation method that considers each period of service as giving rise to an additional unit of benefit entitlement and measures each unit separately to build up the final obligation.Residential mortgage-backed security (rmbs) A residential mortgage backed security is when banks and financial institutions pool peoples mortgages into debt securities that investors can buy and trade.Under certain conditions, SSA bonds may qualify as Level 1 High Quality Liquid Assets for LCR.
Employee value proposition Sets out the various rewards and benefits received by employees in return for their performance.