The EACB welcomes the opportunity to participate in the EBA consultation process on “Creditworthiness Assessment”.
Mortgage lending is at the very core of co-operative banking business. A sound and solid creditworthiness assessment is part of the individualized approach to the credit granting process that co-operative banks are committed to. EACB has thus carefully reviewed the consultation document with its members and would like to formulate a number of observations. Some of these are relating to the set of proposed guidelines as a whole (“general comments”) and some are answers to the specific questions raised.
To read the general comments of the EACB, please download the PDF