ANNEX I
Benchmarks for the purposes of Article 14
Table 1
Long-run benchmark
(3-year time horizon)
Credit Quality Step | Long run benchmark
Mid value | Lower bound | Upper bound
1 | 0,10 % | 0,00 % | 0,16 %
2 | 0,25 % | 0,17 % | 0,54 %
3 | 1,00 % | 0,55 % | 2,39 %
4 | 7,50 % | 2,40 % | 10,99 %
5 | 20,00 % | 11,00 % | 26,49 %
6 | 34,00 % | 26,50 % | 100,00 %
Table 2
Short run benchmarks
(3-year time horizon)
Credit Quality Step | Short run benchmarks
Monitoring level | Trigger level
1 | 0,80 % | 1,20 %
2 | 1,00 % | 1,30 %
3 | 2,40 % | 3,00 %
4 | 11,00 % | 12,40 %
5 | 28,60 % | 35,00 %
6 | not applicable | not applicable