Prospectus - Notowania

weighted assets (RWA).
Risk Cost One of the main indicators used to calculate the risk of
the bank’s assets provided by the ratio of the provisions
to the allowance for possible loan losses to average net
loans to customers.
Discount Brokerage Securities broking with an incidence of the commission
lower than average.
FTE Acronym of Full Time Equivalent, staff calculation for
the hours effectively worked and/or paid by the Group.
Home Banking Banking service addressing households which
envisages the possibility of carrying out banking
transactions directly from the user’s domicile, via online
connections.
ICAAP Acronym of Internal Capital Adequacy Assessment
Process, internal corporate process for the assessment
of the capital adequacy envisaged by EU legislation on
a consistent basis with the matters indicated by the New
Basel Agreement on Capital (so-called “Basel II”).
Impairment Test Test envisaged by the IFRS standards relating to any
reductions in the value of the balance sheet assets.
Investment Banking Brokerage activities for the purchase/sale of financial
instruments and portfolio management activities carried
out together with or separately from the same.
IPV Acronym of independent price verification, process
used for the classification of the financial instruments.
Lifelong Learning Policy for promoting permanent training and learning.
LPAC transactions Specialized loans linked to leverage finance (loans for
acquisitions using leverage finance), project finance
(loans for industrial projects), aircraft finance (aircraft
loans), commodity finance (loans in the raw materials
sector).
Tier I capital The paid-in capital, the reserves, the innovative capital
instruments and the net profit for the period make up
the capital elements of primary quality. These are
joined by the positive “prudential filters” of Tier I
capital. The total of the afore-mentioned elements, net
of shares or treasury stock, intangible assets, the loss
for the period and that registered in previous periods, as
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