67% of CRE including SMEs and indirect loans?

Hi there,

Can I please ask for a clarification on the scope of the CRE requirement?

  • You have a 67% by floor space requirement. Does this mean you only require direct lending for CRE (i.e. mortgages)? This would mean that any indirect lending (e.g. to REITs) would fall under the ‘67% of remaining portfolio requirement’.
  • Are loans to SMEs included in this 67% floor space requirement or can SMEs be excluded?

Many thanks,

Ana