Descarca catalogul - ALB

f) A Category countries - Member States of the European Union 1 and countries which are full
members of the Organization for Economic Cooperation and Development (OECD), and countries
that have concluded special lending arrangements with the International Monetary Fund (IMF) in
the general arrangements to borrow (GAB); if one country in this category reschedules its external
debt, the country in question is excluded from the “A” category for a period of 5 years;
g) multilateral development banks - the International Bank for Reconstruction and Development,
the International Finance Corporation , the Inter-American Development Bank, the Asian
Development Bank, the African Development Bank, the Council of Europe Development Bank, the
Nordic Investment Bank, the Caribbean Development Bank, the European Bank for Reconstruction
and Development, the European Investment Bank, the European Investment Fund, the Multilateral
Investment Guarantee Agency, the International Finance Facility for Immunization, the Islamic
Development Bank and any other entity that falls into this category according to qualifications
made in the European Union;
h) debtor - an entity in relation to which the lender incurs exposures resulting from credits, including
the entity towards which the lender only has exposures which represent potential debts, such as,
for example, financing and guaranteeing commitments. For purposes of this Regulation, credit
institutions and the National Bank of Romania are not included in the lender’s debtor’s category;
i) debtor, natural person, exposed to foreign exchange risk - the debtor, natural person, who does
not generate positive net cash flows denominated in the credit currency, allowing for the repayment,
on due date, of each credit instalment (principal and interest). Cash flows are adjusted according to
the degree of certainty and the permanent character thereof;
j) debt service - the number of days of delay from the debt maturity date;
k) initiation of debt recovery proceedings - one of the following:
k1) the courts issue a bankruptcy resolution against the debtor;
k2) enforcement proceedings are brought against natural persons or legal entities, to recovery debts
resulting from credits subject to classification;
l) principal - amounts paid in advance by lenders to the borrowers, as borrowed capital, including
those that might be included in this category if the obligations of the lenders, resulting from the
financing and guarantee entered into by the latter, become due;
m) credits - categories of credits that are classified by the lenders in accordance with the provisions
of this Regulation, being systematised in terms of specific credit risk provisioning requirements, of
the structuring, where applicable, in principal and interest, as well as of the accounts in which they
are recorded. These are presented in Section I “credits” of the Annex No. 1;
n) guarantees - received guarantees that lenders may take into account to reduce the exposure to
the debtor, in accordance with the provisions hereof, which are systematised in terms of guarantee
category, and of accounts in which they are recorded. These are presented in Section II “Guarantees”
of Annex No. 1. The guarantees are divided into the following categories:
(i) personal guarantees - guarantees provided by third parties (e.g. bail, surety etc.), which can be
classified, according to their respective features, as follows:
(i1) express guarantee - the protection provided by the guarantee is clearly linked to exposures that
can be accurately identified or via a clearly defined exposure portfolio, so that the coverage degree
of the protection can be clearly defined and cannot be questioned;
(i2) irrevocable guarantee - apart from the failure of the buyer of protection to observe the obligation
to pay the protection price on the maturity date, the agreement whereby the protection is provided
contains no provision that would allow the protection provider to unilaterally cancel the guarantee
or which could result in an increase of the actual guarantee price;
(i3) unconditional guarantee - the contract whereby protection is provided contains no provision
1 For purposes of this Regulation, Romania is considered separately from other EU member states.
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