ESG Credit Impact Scores and PLAC: Difference between pages
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Primary Loss Absorbing Capital. | |||
Used, especially in the UK, to refer to equity and bail-in-able long term debt of banks that can be written down in case of financial distress. It includes both equity and bail-in-able long-term debt. | |||
== See also == | |||
* | *[[Capital adequacy]] | ||
* | *[[Loss absorbing capacity]] | ||
*[[SLAC]] - Secondary Loss Absorbing Capital | |||
*[[GCLAC]] also referred to as GLAC - gone-concern loss absorbing capital | |||
* [[ | |||
[[Category: | [[Category:Compliance_and_audit]] | ||
[[Category:Risk_frameworks]] | [[Category:Risk_frameworks]] | ||
Revision as of 09:53, 27 March 2014
Primary Loss Absorbing Capital.
Used, especially in the UK, to refer to equity and bail-in-able long term debt of banks that can be written down in case of financial distress. It includes both equity and bail-in-able long-term debt.
See also
- SLAC - Secondary Loss Absorbing Capital
- GCLAC also referred to as GLAC - gone-concern loss absorbing capital
