IBERCAJA BANCO

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At present in FINREP F 18 and F 19 we report the segmentt Of which: loans secured by commercial real estate.In the definition above, it seems that the classification as Commercial real estate '(CRE), is considering both the operations aimed at the purchase of these type of properties or guaranteed by them. It implies that this segment is not only based on the guarantee of the operation but also its purpose. What would be the priority, the purpose of the operation or the guarantee?
On the other hand, with "Rents" we understand that it refers to the rental income from commercial properties different to those indicated in the "buy-to-let housing" exception. For example, premises, industrial buildings etc. Is that correct?"
When we report the amount of guarantees, we are using the Maximum amount of the real guarantees that can be considered", being for each operation, at most, the amount of the exposure that is guaranteed. (DEF C 4/2017 art 64). This amount of the guarantee is calculated according to Annex IX of the C 4/2017.

For the calculation of the LTV we would use the amount of the guarantee without taking into account the exposure of the loan. Is this interpretation correct? or is the last available valuation used? The aim of this consultation is to be aligned in the calculation of the amount of guarantees ​​and LTV. (also with T 23.3)"
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MARIA JOSE