Label: |
Off-Balance Sheet Credit Exposures - Purchased Receivables - IRB Approach |
Concept Guidance: |
This is the value, as at the relevant date, of off-balance sheet credit exposures arising from purchased receivables.A credit exposure represents an asset, liability, claim or commitment of an entity, which may be recorded on or off the balance sheet and which gives rise to credit risk.This item is reported for capital adequacy purposes and is to be determined under the Internal-Ratings-based approach to credit risk in accordance with relevant prudential standards.
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