specialised mortgage credit institution
Definitions over time (1)
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07/01/2020 – 09/01/2024 Article 3, Directive (EU) 2019/2162 Scope: Whole act
For the purposes of this Directive, the following definitions apply:
‘specialised mortgage credit institution’ means a credit institution which funds loans solely or mainly through the issue of covered bonds, which is permitted by law only to carry out mortgage and public sector lending and which is not permitted to take deposits, but which takes other repayable funds from the public;
Other definitions of this term in this act (1)
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Used in (0 places in 0 provisions on 12/11/2026)
No text uses this concept on 12/11/2026.