Glossary

Ratios

  • DSCR, debt service coverage ration
  • ICR, interest coverage ratio

Standards, regulation

  • IFRS, International Financial Reporting Standard (ru: МСФО 9)
  • IRB, internal-ratings based (approach) (ru: ВПОДК - внутренние процедуры оценки достаточности капитала)
  • SREP, Supervisory Review and Evaluation Process

Bank reports (balance sheet, P&L)

  • NPL, non-performing loans
  • Cost of risk, CoR (syn: cost of credit)
  • Disbursement

Expected credit loss

  • EL, expected loss
  • PD, probability of default
  • EAD, exposure at default
  • LGD, loss given default

Speciality terms

  • Revolver - an unfunded commitment that the borrower may drawdown, repay and reborrow under.
  • Story credit – unitranche facility for a company that historically was subject to a financial restructuring or another financial difficulty and as a result there is a higher (real or perceived) risk associated with this investment.
  • Middle market loans - made to smaller companies, typical loan size < $150 million.
  • Secured