Central Bank Circular No. 484: Amendments to Banking, Financial Institution, and Leasing Company Regulations

Circular No. 484

For Banks, Financial Institutions, and Leasing Companies And for Institutions Engaging in Financial and Banking Operations via Electronic Means

Attached is a copy of Central Bank Decision No. 12750 dated 15/1/2018 concerning the amendment of:

• The Fundamental Decision No. 7723 dated 2/12/2000 (Status of Banks) attached to Fundamental Circular for Banks No. 76.
• The Fundamental Decision No. 6504 dated 13/3/1997 concerning the organization of financial data for financial institutions, attached to Fundamental Circular for Financial Institutions No. 1.
• The Fundamental Decision No. 7540 dated 4/3/2000 concerning the conditions for the establishment and operation of "Leasing Companies," attached to Fundamental Circular for Leasing Companies No. 1.

Beirut, on 15 January 2018

Governor of the Bank of Lebanon

Riad T. Salam

Central Bank Decision No. 12750

Amendment of Fundamental Decision No. 7723 dated 2/12/2000 And Fundamental Decision No. 6504 dated 13/3/1997 And Fundamental Decision No. 7540 dated 4/3/2000

The Governor of the Bank of Lebanon,
Based on the Monetary and Loan Law, particularly Articles 146, 174, and 179 thereof, Based on Law No. 160 dated 27/12/1999, particularly Articles 13 and subsequent articles thereof, Based on Fundamental Decision No. 7723 dated 2/12/2000 and its amendments concerning the status of banks, Based on Fundamental Decision No. 6504 dated 13/3/1997 concerning the organization of financial data for financial institutions, Based on Fundamental Decision No. 7540 dated 4/3/2000 concerning the conditions for the establishment and operation of "Leasing Companies", Based on the decision of the Central Council of the Bank of Lebanon taken in its session held on 10/1/2018,

Decides as follows:

Article One: The preamble of Article One of Fundamental Decision No. 7723 dated 2/12/2000 is repealed and replaced with the following text:
"All banks operating in Lebanon are required to adopt Model 2010 (Assets - Liabilities - Off-Balance Sheet - Asset Appendix - Liability Appendix) prepared by the Bank of Lebanon and the Banking Control Commission, in order to organize:"

Article Two: The text of Clause (2) of Article Two of Fundamental Decision No. 7723 dated 2/12/2000 is repealed and replaced with the following text:
"2- The final annual statuses defined in Clauses (1), (2), (3), and (4) via the Project for Electronic Transmission of Statistical Reports (eSTR) within a maximum deadline of the end of June of each year, and printed in writing."

../..

Article Three: The text of Model 2010 attached to Fundamental Decision No. 7723 dated 2/12/2000 is repealed and replaced with the new text attached to this Decision.

Article Four: The text of Model 2020 attached to Fundamental Decision No. 7723 dated 2/12/2000 is repealed.

Article Five: The preamble of Article One of Fundamental Decision No. 6504 dated 13/3/1997 is repealed and replaced with the following text:
"All financial institutions operating in Lebanon are required to adopt Model 2010 (Assets - Liabilities - Off-Balance Sheet - Asset Appendix - Liability Appendix) prepared by the Bank of Lebanon and the Banking Control Commission and placed on a Compact Disc (CD) obtained from the Information Directorate at the Bank of Lebanon, in order to organize:"

Article Six: The text of Article Fourteen of Fundamental Decision No. 7540 dated 4/3/2000 is repealed and replaced with the following text:
"Leasing companies must prepare their financial data (Assets - Liabilities - Off-Balance Sheet - Asset Appendix - Liability Appendix) according to Model 2010 attached to Fundamental Decision No. 7723 dated 2/12/2000 and placed on a Compact Disc (CD) obtained from the Information Directorate at the Bank of Lebanon. These data are submitted to the Statistics and Economic Research Directorate on a Compact Disc (CD) as follows:

• Monthly, within a deadline of ten days from the date to which these data refer.
• Annually, within a deadline of six months from the date of the end of the financial period."

Article Seven: This Decision shall take effect as of the status dated 28/2/2018.

Article Eight: This Decision shall be published in the Official Gazette.

Beirut, on 15 January 2018

Governor of the Bank of Lebanon

Riad T. Salam

Assets
Amounts in millions of Lira
In Lebanese Lira
In Foreign Currency
Total Code
10100 Cash
10101 Of which: US Dollar
10102 Of which: Euro
10200 10205+10206+10226
10200 Accounts with the Bank of Lebanon and other issuing institutions 10205 10206+10209+10211+10212+10214 10205 Interest-bearing cash accounts that have not experienced and those that have experienced a significant increase in credit risk 10206 Demand funds 10209 Term investments 10211 Other debtor accounts 10212 Accrued interest not yet due 10214 Less: Expected credit loss allowance 10226 10227+10229 10226 Non-interest-bearing cash accounts that have experienced a decline in their credit value 10227 Total non-interest-bearing cash accounts 10228 Of which: Accrued interest 10229 Less: Expected credit loss allowance 10230 10233+10240+10250 10230 Certificates of Deposit (Bank of Lebanon and other issuing institutions) 10231 Of which: Base maturity and remaining one year or less 10240 Certificates of Deposit classified at Fair Value against Profit and Loss Account 10233 10234+10235 10233 Certificates of Deposit classified at Fair Value against Other Comprehensive Income elements 10234 Interest-bearing Certificates of Deposit that have not experienced and those that have experienced a significant increase in credit risk 10235 Non-interest-bearing Certificates of Deposit that have experienced a decline in their credit value 10250 10266+10255 10250 Certificates of Deposit classified at Amortized Cost 10266 10262+10263+10264+10265+10260 10266 Interest-bearing Certificates of Deposit that have not experienced and those that have experienced a significant increase in credit risk 10265 Nominal Value 10264 Premiums 10263 Less: Discounts 10262 Accrued interest not yet due

Assets
Amounts in millions of Lira
In Lebanese Lira
In Foreign Currency
Total Code
10260 Less: Expected credit loss allowance
10255 10256+10258
10255 Non-interest-bearing Certificates of Deposit that have experienced a decline in their credit value 10256 Total non-interest-bearing Certificates of Deposit 10257 Of which: Accrued interest 10258 Less: Expected credit loss allowance 14000 14020+14060+14090 14000 Lebanese Treasury Bonds and other government bonds 14001 Of which: Base maturity and remaining one year or less 14060 Treasury Bonds classified at Fair Value against Profit and Loss Account 14020 14021+14022 14020 Treasury Bonds classified at Fair Value against Other Comprehensive Income elements 14021 Interest-bearing Treasury Bonds that have not experienced and those that have experienced a significant increase in credit risk 14022 Non-interest-bearing Treasury Bonds that have experienced a decline in their credit value 14090 14070+14080 14090 Treasury Bonds classified at Amortized Cost 14070 14071+14072+14073+14074+14075 14070 Interest-bearing Treasury Bonds that have not experienced and those that have experienced a significant increase in credit risk 14071 Nominal Value 14072 Premiums 14073 Less: Discounts 14074 Accrued interest not yet due 14075 Less: Expected credit loss allowance 14080 14081+14083 14080 Non-interest-bearing Treasury Bonds that have experienced a decline in their credit value 14081 Total non-interest-bearing Treasury Bonds 14082 Of which: Accrued interest 14083 Less: Expected credit loss allowance 14500 14550+13500 14500 Accounts with the Financial Sector 14550 10400+10500+10700+14400 14550 Unrelated Financial Sector Accounts 10400 10408+10495 10400 Commercial Banks 10408 10410+10420+10440+10450+10460+10470+10480+10485 10408 Interest-bearing Commercial Bank Accounts that have not experienced and those that have experienced a significant increase in credit risk 10410 Demand Accounts 10420 Term Investments 10440 Financial Loans Given 10450 Accounts Given as Collateral 10460 Debtor Accounts for Creditor Accounts 10461 Of which: Coverage for Exchange Operations 10470 Financial Values Taken in Custody or Repurchase Agreements 10480 Accrued Interest Not Yet Due 10485 Less: Expected Credit Loss Allowance 10495 10496+10498 10495 Non-interest-bearing Commercial Bank Accounts that have experienced a decline in their credit value 10496 Total Non-interest-bearing Commercial Bank Accounts 10497 Of which: Accrued Interest 10498 Less: Expected Credit Loss Allowance 10500 10509+10596 10500 Medium and Long-Term Lending Banks 10509 10510+10520+10540+10550+10555+10560+10580+10585 10509 Interest-bearing Medium and Long-Term Lending Bank Accounts that have not experienced and those that have experienced a significant increase in credit risk 10510 Demand Accounts 10520 Term Investments 10540 Financial Loans Given 10550 Accounts Given as Collateral 10555 Debtor Accounts for Creditor Accounts 10556 Of which: Coverage for Exchange Operations 10560 Financial Values Taken in Custody or Repurchase Agreements 10580 Accrued Interest Not Yet Due 10585 Less: Expected Credit Loss Allowance
10596 10597+10599 10596 Non-interest-bearing Medium and Long-Term Lending Bank Accounts that have experienced a decline in their credit value 10597 Total Non-interest-bearing Medium and Long-Term Lending Bank Accounts

Assets
Amounts in millions of Lira
In Lebanese Lira
In Foreign Currency
Total Code
10598 Of which: Accrued Interest
10599 Less: Expected Credit Loss Allowance
10700 10709+10786
10700 Registered Financial Institutions
10701 Of which: Institutions with Special Privileges (SOFIL) 10709 10710+10720+10740+10750+10760+10765+10768+10785 10709 Interest-bearing Registered Financial Institution Accounts that have not experienced and those that have experienced a significant increase in credit risk 10710 Demand Accounts 10720 Term Investments 10740 Financial Loans Given 10750 Debtor Accounts for Creditor Accounts 10751 Of which: Coverage for Exchange Operations 10760 Accounts Given as Collateral 10765 Financial Values Taken in Custody or Repurchase Agreements 10768 Accrued Interest Not Yet Due 10785 Less: Expected Credit Loss Allowance 10786 10787+10789 10786 Non-interest-bearing Registered Financial Institution Accounts that have experienced a decline in their credit value 10787 Total Non-interest-bearing Registered Financial Institution Accounts 10788 Of which: Accrued Interest 10789 Less: Expected Credit Loss Allowance 14400 14405+14490 14400 Other Financial Sector Institutions (Regional and International Bodies, Multilateral Development Banks, Insurance Companies, Exchange Institutions, Money Transfer Institutions, Leasing, Factoring, Collective Investment Bodies...) 14405 14410+14420+14430+14440+14450+14460+14470+14480 14405 Interest-bearing Other Financial Sector Institution Accounts that have not experienced and those that have experienced a significant increase in credit risk 14410 Demand Accounts 14420 Term Investments 14430 Financial Loans Given 14440 Accounts Given as Collateral 14450 Debtor Accounts for Creditor Accounts 14451 Of which: Coverage for Exchange Operations 14460 Financial Values Taken in Custody or Repurchase Agreements

Assets
Amounts in millions of Lira
In Lebanese Lira
In Foreign Currency
Total Code
14470 Accrued Interest Not Yet Due
14480 Less: Expected Credit Loss Allowance
14490 14491+14493
14490 Non-interest-bearing Other Financial Sector Institution Accounts that have experienced a decline in their credit value 14491 Total Non-interest-bearing Other Financial Sector Institution Accounts 14492 Of which: Accrued Interest 14493 Less: Expected Credit Loss Allowance 13500 12900+13000 13500 Related Financial Sector Accounts 12900 12902+12930 12900 Branches Abroad 12902 12903+12904+12905+12906+12907+12909+12910+12911 12902 Interest-bearing Branches Abroad Accounts that have not experienced and those that have experienced a significant increase in credit risk 12903 Demand Accounts 12904 Term Investments 12905 Accounts Given as Collateral 12906 Other Accounts 12907 Debtor Accounts for Creditor Accounts 12908 Of which: Coverage for Exchange Operations 12909 Financial Values Taken in Custody or Repurchase Agreements 12910 Accrued Interest Not Yet Due 12911 Less: Expected Credit Loss Allowance 12930 12931+12933 12930 Non-interest-bearing Branches Abroad Accounts that have experienced a decline in their credit value 12931 Total Non-interest-bearing Branches Abroad Accounts 12932 Of which: Accrued Interest 12933 Less: Expected Credit Loss Allowance 13000 13009+13096 13000 Head Office, Parent Institution, Sister and Subsidiary Banks and Financial Institutions 13009 13010+13020+13040+13050+13060+13070+13080+13085 13009 Interest-bearing Head Office, Parent Institution, Sister and Subsidiary Banks and Financial Institutions Accounts that have not experienced and those that have experienced a significant increase in credit risk 13010 Demand Accounts

Assets
Amounts in millions of Lira
In Lebanese Lira
In Foreign Currency
Total Code
13020 Term Investments
13040 Financial Loans Given
13050 Accounts Given as Collateral
13060 Debtor Accounts for Creditor Accounts
13061 Of which: Coverage for Exchange Operations 13070 Financial Values Taken in Custody or Repurchase Agreements 13080 Accrued Interest Not Yet Due 13085 Less: Expected Credit Loss Allowance 13096 13097+13099 13096 Non-interest-bearing Head Office, Parent Institution, Sister and Subsidiary Banks and Financial Institutions Accounts that have experienced a decline in their credit value 13097 Total Non-interest-bearing Head Office, Parent Institution, Sister and Subsidiary Banks and Financial Institutions Accounts 13098 Of which: Accrued Interest 13099 Less: Expected Credit Loss Allowance 11000 Purchased Cheques 12800 12805+12810+12850 12800 Bank Certificates 12801 Of which: Base maturity and remaining one year or less 12802 Of which: Issued by related financial sector 12850 Bank Certificates classified at Fair Value against Profit and Loss Account 12810 12811+12812 12810 Bank Certificates classified at Fair Value against Other Comprehensive Income elements 12811 Bank Certificates that have not experienced and those that have experienced a significant increase in credit risk 12812 Non-interest-bearing Bank Certificates that have experienced a decline in their credit value 12805 12860+12870 12805 Bank Certificates classified at Amortized Cost 12860 12864+12866+12867+12880+12890 12860 Interest-bearing Bank Certificates that have not experienced and those that have experienced a significant increase in credit risk 12864 Nominal Value 12866 Premiums 12867 Less: Discounts 12880 Accrued Interest Not Yet Due 12890 Less: Expected Credit Loss Allowance 12870 12871+12873 12870 Non-interest-bearing Bank Certificates that have experienced a decline in their credit value 12871 Total Non-interest-bearing Bank Certificates 12872 Of which: Accrued Interest 12873 Less: Expected Credit Loss Allowance 18500 11500+18550 18500 Loan and Lending Portfolio 18550 11200+11800+18300+18400+18550 18550 Loans and Lending to Unrelated Non-Financial Entities 18300 18309+18390 18300 Short-Term Customer Credits 18307 Of which: Lending against Cash Collateral 18309 18310+18315+18316+18320+18325+18340+18345+18350+18351+18355+18360+18365+18370+18380+18385 18309 Interest-bearing Short-Term Customer Credits that have not experienced and those that have experienced a significant increase in credit risk 18310 Overdraft Lending 18315 Factoring Lending 18316 Less: Accounts related to Factoring Operations with Recourse 18320 Bank Acceptance Bills 18325 Less: Accrued Interest on Bank Acceptance Bills 18340 Unpaid Bills and Values 18345 Less: Accrued Interest on Unpaid Bills and Values 18350 Debtor Accounts for Creditor Accounts 18351 Of which: Coverage for Exchange Operations 18355 Debtors under Credit Cards 18360 Accidentally Debtor Creditor Accounts 18365 Leasing Loans 18370 Other Short-Term Loans 18380 Accrued Interest Not Yet Due 18385 Less: Expected Credit Loss Allowance 18390 18391+18393 18390 Non-interest-bearing Short-Term Customer Credits that have experienced a decline in their
credit value 18391 Total Non-interest-bearing Short-Term Customer Credits 18392 Of which: Accrued Interest

Assets
Amounts in millions of Lira
In Lebanese Lira
In Foreign Currency
Total Code
18393 Less: Expected Credit Loss Allowance
18400 18409+18495
18400 Medium and Long-Term Customer Loans
18407 Of which: Loans against Cash Collateral
18409 18425+18426+18430+18440+18450+18455+18460+18465+18470+18475+18480+18481+18485 18409 Interest-bearing Medium and Long-Term Customer Loans that have not experienced and those that have experienced a significant increase in credit risk 18425 Factoring Lending 18426 Less: Accounts related to Factoring Operations with Recourse 18430 Bank Acceptance Bills 18440 Less: Accrued Interest on Bank Acceptance Bills 18450 Unpaid Bills and Values 18460 Less: Accrued Interest on Unpaid Bills and Values 18455 Debtors under Credit Cards 18465 Leasing Loans 18470 Other Medium and Long-Term Loans 18475 Subsidized Interest Loans 18480 Accrued Interest Not Yet Due 18481 Of which: On Subsidized Interest Loans 18485 Less: Expected Credit Loss Allowance 18495 18496+18498 18495 Non-interest-bearing Medium and Long-Term Customer Loans that have experienced a decline in their credit value 18496 Total Non-interest-bearing Medium and Long-Term Customer Loans 18497 Of which: Accrued Interest 18498 Less: Expected Credit Loss Allowance 11200 11209+11280 11200 Discounted Bills for Customers (Unrelated Entities) 11209 11210+11215+11230+11235+11240+11245+11250+11255+11260 11209 Interest-bearing Discounted Bill Accounts that have not experienced and those that have experienced a significant increase in credit risk 11210 Commercial Bills 11215 Less: Accrued Interest on Commercial Bills 11230 Bills Signed by Public Administrations 11235 Less: Accrued Interest on Bills Signed by Public Administrations 11240 Bills Signed by Commercial Public Institutions 11245 Less: Accrued Interest on Bills Signed by Commercial Public Institutions 11250 Non-Recourse Purchased Private Sector Debt Instruments 11255 Less: Accrued Interest on Non-Recourse Purchased Private Sector Debt Instruments 11260 Less: Expected Credit Loss Allowance 11280 11281+11283 11280 Non-interest-bearing Discounted Bill Accounts that have experienced a decline in their credit value 11281 Total Non-interest-bearing Discounted Bill Accounts 11282 Of which: Accrued Interest 11283 Less: Expected Credit Loss Allowance 11800 11810+11850 11800 Debtors under Promissory Notes (Except Unrelated Non-Financial Entities) 11810 11815+11820 11810 Interest-bearing Promissory Note Accounts that have not experienced and those that have experienced a significant increase in credit risk 11815 Total Interest-bearing Promissory Note Accounts 11820 Less: Expected Credit Loss Allowance 11850 11855+11860 11850 Non-interest-bearing Promissory Note Accounts that have experienced a decline in their credit value 11855 Total Non-interest-bearing Promissory Note Accounts 11856 Of which: Accrued Interest 11860 Less: Expected Credit Loss Allowance 11600 11609+11660 11600 Lending to the Public Sector 11609 11610+11612+11613+11614+11620+11630+11635 11609 Interest-bearing Public Sector Lending that have not experienced and those that have experienced a significant increase in credit risk 11610 Public Administrations 11612 Debt Instruments on the Public
Sector 11613 Less: Accrued Interest on Debt Instruments on the Public Sector 11614 Other Lending 11620 Commercial Public Institutions 11630 Accrued Interest Not Yet Due 11635 Less: Expected Credit Loss Allowance 11660 11661+11663 11660 Non-interest-bearing Public Sector Lending that have experienced a decline in their credit value

Assets
Amounts in millions of Lira
In Lebanese Lira
In Foreign Currency
Total Code
11661 Total Non-interest-bearing Public Sector Lending 11662 Of which: Accrued Interest 11663 Less: Expected Credit Loss Allowance 11500 11508+11560 11500 Loans and Lending to Unrelated Related Entities (Article 152 of the Monetary and Loan Law) 11510 Of which: Lending against Cash Collateral 11508 11515+11525+11526+11527+11530+11540+11580+11595 11508 Interest-bearing Loans and Lending to Unrelated Related Entities that have not experienced and those that have experienced a significant increase in credit risk 11515 Overdraft Lending 11525 Factoring Lending 11526 Discounted Bills 11527 Less: Accrued Interest on Discounted Bills 11530 Debtors under Promissory Notes 11540 Interest-bearing Other Debtor Accounts 11580 Accrued Interest Not Yet Due 11595 Less: Expected Credit Loss Allowance 11560 11561+11563 11560 Non-interest-bearing Loans and Lending to Unrelated Related Entities that have experienced a decline in their credit value 11561 Total Non-interest-bearing Loans and Lending 11562 Of which: Accrued Interest 11563 Less: Expected Credit Loss Allowance 15800 15600+15660+16000 15800 Other Financial Instruments and Participations 15600 15610+15620+15630+15640+15650 15600 Other Financial Instruments Portfolios Classified at Fair Value against Profit and Loss 15601 Of which: Non-Circulating 15602 Of which: Issued by related financial sector 15610 Shares 15614 Of which: Taken in satisfaction of debt 15620 Units 15624 Of which: Taken in satisfaction of debt 15630 Composite Financial Instruments 15634 Of which: Linked to Lebanese Government Bonds 15635 Of which: Accrued Interest Not Yet Due 15640 Debt Bonds and Other Bonds 15644 Of which: Accrued Interest Not Yet Due 15650 Secured Loans and Debt Bonds 15654 Of which: Accrued Interest Not Yet Due 15660 15661+15662+15663+15664+15665 15660 Financial Derivatives Valuation Differences 15661 Term Exchange Contracts 15662 Swap Contracts 15663 Option Contracts 15664 Futures Contracts 15665 Other Financial Derivatives Valuation Differences 16000 16100+16300+16700+16740+16790 16000 Investment Financial Assets 16740 16755+16760+16245+16270 16740 Financial Instruments Portfolios Classified at Fair Value against Other Comprehensive Income Elements 16741 Of which: Non-Circulating 16742 Of which: Base maturity and remaining one year or less 16743 Of which: Issued by related financial sector 16755 Shares 16751 Of which: Taken in satisfaction of debt 16760 Units 16761 Of which: Taken in satisfaction of debt 16245 16246+16247 16245 Debt Bonds 16246 Interest-bearing Debt Bonds that have not experienced and those that have experienced a significant increase in credit risk 16247 Non-interest-bearing Debt Bonds that have experienced a decline in their credit value 16270 16271+16275 16270 Secured Loans and Debt Bonds 16271 16272+16273 16271 Interest-bearing Secured Loans and Debt Bonds that have not experienced and those that have experienced a significant increase in credit risk 16272 Interest-bearing Secured Debt Bonds that
have not experienced and those that have experienced a significant increase in credit risk 16273 Interest-bearing Secured Loans that have not experienced and those that have experienced a significant increase in credit risk

Assets
Amounts in millions of Lira
In Lebanese Lira
In Foreign Currency
Total Code
16275 16276+16277
16275 Non-interest-bearing Secured Loans and Debt Bonds that have experienced a decline in their credit value 16276 Non-interest-bearing Secured Debt Bonds 16277 Non-interest-bearing Secured Loans 16790 16800+16850 16790 Financial Instruments Portfolios Classified at Amortized Cost 16791 Of which: Non-Circulating 16792 Of which: Base maturity and remaining one year or less 16793 Of which: Issued by related financial sector 16800 16809+16840 16800 Debt Bonds and Other Bonds 16809 16811+16821+16822+16825+16891 16809 Interest-bearing Debt Bonds and Other Bonds that have not experienced and those that have experienced a significant increase in credit risk 16811 Nominal Value 16821 Premiums 16822 Less: Discounts 16825 Accrued Interest Not Yet Due 16891 Less: Expected Credit Loss Allowance 16840 16841+16843 16840 Non-interest-bearing Debt Bonds and Other Bonds that have experienced a decline in their credit value 16841 Total Non-interest-bearing Debt Bonds and Other Bonds 16842 Of which: Accrued Interest 16843 Less: Expected Credit Loss Allowance 16850 16849+16870 16850 Secured Loans and Debt Bonds 16849 16851+16852+16853+16854+16855+16856+16857+16858 16849 Interest-bearing Secured Loans and Debt Bonds that have not experienced and those that have experienced a significant increase in credit risk 16851 Nominal Value of Secured Debt Bonds 16852 Premiums 16853 Less: Discounts 16854 Accrued Interest Not Yet Due on Secured Debt Bonds 16855 Less: Expected Credit Loss Allowance on Secured Debt Bonds 16856 Total Secured Loans

Assets
Amounts in millions of Lira
In Lebanese Lira
In Foreign Currency
Total Code
16857 Accrued Interest Not Yet Due on Secured Loans 16858 Less: Expected Credit Loss Allowance on Secured Loans 16870 16871+16873+16874+16876 16870 Non-interest-bearing Secured Loans and Debt Bonds that have experienced a decline in their credit value 16871 Total Non-interest-bearing Secured Debt Bonds 16872 Of which: Accrued Interest 16873 Less: Expected Credit Loss Allowance 16874 Total Non-interest-bearing Secured Loans 16875 Of which: Accrued Interest 16876 Less: Expected Credit Loss Allowance 16100 16110+16190 16100 Participation Certificates 16110 16112+16114+16115+16116+16119+16120+16121+16122+16122 16110 Total Participation Certificates 16114 Commercial Banks 16120 Medium and Long-Term Lending Banks 16112 Financial Institutions 16119 Financial Intermediation Companies 16115 Insurance Companies 16116 Investment Funds 16121 Real Estate Companies 16122 Other Institutions 16190 Less: Participation Certificate Impairment Allowance 16300 16305+16315+16320+16330+16335 16300 Long-Term Lending Linked to Participations 16305 Lending Linked to Participations and Investments in Subsidiary Companies 16315 Less: Impairment Allowance for Lending Linked to Participations 16320 Lending Linked to Participations and Investments in Sister Companies and Joint Ventures 16330 Accrued Interest Not Yet Due 16335 Less: Impairment Allowance for Lending Linked to Participations 16700 Branches Abroad Provisions 12300 12310+12320+12330 12300 Financial Assets