Receivables purchase complements the acquisition of unsecured loans by EOS.

NCBs will ensure that those net flows are consistent with the purposes of calculating the financial transactions excluding loan disposals and acquisitions under Section 3.1(b).

financial transactions excluding loan disposals and acquisitions during the relevant period, i.e. the change in the amounts outstanding which is attributable to loan principal repayments by borrowers.

The acquisition ban shall not cover acquisitions that take place in the ordinary course of the banking business in the management of existing claims towards ailing firms.

Receivables purchase complements the acquisition of unsecured loans by EOS.

Debts management: non-recovery of debts

acquisitions that take place in the ordinary course of the banking business in the management of existing claims towards ailing firms

retail claims or contingent retail claims

subordinated debt in the form of debt securities

claims or contingent claims on multilateral development banks

LGD* for senior claims or contingent claims

In the field of acquisition financing for example, it is virtually always the case that debts are grouped into senior debts and junior debts.

Other marketable debt instruments [72]

claim by a creditor in respect of debts incurred by the debtor's estate

claims or contingent claims on corporates