credit institution

Definitions over time (1)

15/06/2000 – 18/05/2004 Article 1, Directive 2000/12/EC Scope: Whole act

"credit institution" shall mean an undertaking whose business is to receive deposits or other repayable funds from the public and to grant credits for its own account. For the purposes of applying the supervision on a consolidated basis, shall be considered as a credit institution, a credit institution according to the first paragraph and any private or public undertaking which corresponds to the definition in the first paragraph and which has been authorised in a third country. For the purposes of applying the supervision and control of large exposures, shall be considered as a credit institution, a credit institution according to the first paragraph, including branches of a credit institution in third countries and any private or public undertaking, including its branches, which corresponds to the definition in the first paragraph and which has been authorised in a third country;

No text uses this concept on 12/11/2026.