Glossary beginning with B

Banking book

contains operations not included in the trading book, specifically related to credit facilities and loans and deposits extended or accepted within the bank’s basic business activity or for the purposes of liquidity and interest rate risk management

Basel III

a set of external regulations defining a new approach to the calculation of capital requirements and management of the risk in banks - in particular those defined in Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (hereinafter referred to as the “CRR”), executive acts to the CRR, national acts transposing Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC (hereinafter referred to as the “CRD IV”)


set of amendments to Basel II regulations published in December 2010 entered into forced in January 2014 and they implemented gradually until January 2019

Behavioural scoring system

a system for assessing the bank’s credit risk involved in the financing of clients mainly on the basis of transactions on the current account, used for defining the revolving credit limits

Business risk

the risk of loss resulting from unfavourable changes in the business environment, unfavourable decisions, improper implementation of decisions or a failure to take appropriate action in response to changes in the business environment - it specifically includes the strategic risk