|Label:||Assets Loans And Receivables Low Documentation Approved Amount|
|Business Description & Guidance:||
This is the value of low-documentation term loans held by the reporting party and which were approved during the relevant period, irrespective of whether the funds have been advanced to the borrower. Low-documentation loans are generally loans where the lender has not, prior to loan approval, documented, assessed and verified the ability of the borrower to meet the repayment obligations. This is to be determined in accordance with prudential standards.
Residential mortgage term loans to households - Low Documentation Approved