PET - Plain English Taxonomy

Attribute: CS13634
Concept:
Label: Weighted Average LGD % of On-Balance Sheet Credit Exposures - IRB Approach
Concept Guidance:
This is, as at the relevant date, the exposure weighted average loss given default (LGD) for on-balance sheet credit exposures.This item is calculated for capital adequacy purposes and is to be determined in accordance with relevant prudential standards.Weighted average LGD = SIGMAi LGDi x EADi / SIGMAi EADiWhere:LGDi = the LGD associated with the ith exposure in the group.EADi = the EAD associated with the ith exposure in the group.Loss given default (LGD) represents an entities economic loss upon the default of an obligor. 
Dimensions
Dimension Member Description
(EGT25PctLT30Pct)
This dimension categorises information reported in relation to credit exposures, according to it's associated loss given default (LGD) band. LGD estimates are to be determined in accordance with relevant prudential standards. LT
The reported information relates to credit exposures with loss given default estimates that represent a potential loss of equal to or greater than 25% but less than 30% of the exposure.