1.Loans and advances to credit institutions shall comprise all loans and advances arising out of banking transactions to domestic or foreign credit institutions by the credit institution drawing up the balance sheet, regardless of their actual designations.
The only exception shall be loans and advances represented by debt securities or any other security, which must be shown under Assets item 5.
2.For the purposes of this Article credit institutions shall comprise all undertakings on the list published in theOfficial Journal of the European Communitiespursuant to Article 3 (7) of Directive 77/780/EEC, as well as central banks and official domestic and international banking organizations and all private and public undertakings which are not established in the Community but which satisfy the definition in Article 1 of Directive 77/780/EEC.
Loans and advances to undertakings which do not satisfy the above conditions shall be shown under Assets item 4.