EBA · 2024_7157 Rejected question

Retail deposit - an established relationship criteria

Regulation
Regulation (EU) No 575/2013 (CRR)
Article
Article 24, para. 2
Topic
Liquidity risk
Submitted by
Credit institution
Submitted
2024-07-31

Question

For the purpose of article 24 paragraph 1(a) a retail deposit shall be considered to be part of an established relationship where the depositor meets at least one of the following criteria:  (a) has an active contractual relationship with the credit institution of at least 12 months duration; (b) has a borrowing relationship with the credit institution for residential loans or other long term loans; (c) has at least one other active product, other than a loan, with the credit institution.   Could you give an example what is considered to be 'one other active product, other than loan'?  Would it be correct to consider these products as 'one other active product, other than loan' to fulfill the crieteria c): credit card debt; hire purchase; financial lease ?

Background

Some examples needed about the crietria: has at least one other active product, other than a loan, with the credit institution.
No answer published yet.

Original source: European Banking Authority, Q&A ID 2024_7157

This Q&A is published by European Banking Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.

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