67% of base year corporate lending - including SME?

Hi there,

Can I please get a clarification on target requirements for 67% of corporate lending?

  • Option 1: Calculate 67% of remaining balance sheet after mandatory sector targets are set, including SMEs. Set a target, that covers 67%, with SMEs optional.
  • Option 2: Excluding SMEs, calculate 67% of remaining balance sheet after mandatory sector targets are set. Set a target, that covers 67%.

Which approach is required?

Many thanks,

Ana

Hi Ana,
Option 2 is the approach that should be used. As SMEs are optional they will not need to be covered in the calculation to determine he 67% threshold.