List of abbreviations

AFS

Available for sale

AIFMD

Alternative Investment Fund Managers Directive

BRRD

Bank Recovery and Resolution Directive

CEO

Chief executive Officer

CET-1

Comment Equity Tier 1

CIO

Chief Investment Officer

CIU

Collective Investment Undertakings

CRD

Capital Requirements Directive

CRFO

Chief Risk and Finance Officer

CRR

Capital Requirements Regulation

CTI

Cost to income

C&M

Classification and measurement

EAD

Exposure at default

EBA

European Banking Authority

EBITDA

Earnings Before Interest, Tax, Depreciation and Amortization

ECL

Expected Credit Loss

EU

European Union

FVOCI

Fair value through other comprehensive income

FVPL

Fair value through profit or loss

FX

Foreign exchange

GAAP

Generally Accepted Accounting Principles

GDP

Gross Domestic Product

GHG

Greenhouse gas

IAS

International Accounting Standards

IASB

International Accounting and Standards Board

IFRS

International Financial Reporting Standards

LCR

Liquidity Coverage Ratio

LGD

Loss given default

LTA

Look-through approach

L&R

Loans and receivables

MBA

Mandate-based approach

NAV

Net Asset Value

NPL

Non performing loans

NPE

Non performing exposures

OCI

Other comprehensive income

PD

Probability of default

SDG

Sustainable Development Goals

SPPI

Solely payments of principal and interest

SRM

Single Resolution Mechanism

USD

US dollar