AIRB

Advanced Internal Ratings Based

ALCO

Asset & Liability Committee

ALM

Asset & Liability Management

BIS

Bank for International Settlements

BKR

Bureau Krediet Registratie (Dutch National Credit Register)

BPV

Basis Point Value

CCR

Counterparty credit rating

CDO

Collateralised Debt Obligation

CDRs

Common Depositary Receipts

CDS

Credit Default Swaps

CEO

Chief Executive Officer

CFO

Chief Financial Officer

CGU

Cash-generating units

CLO

Collateralised Loan Obligation

CMBS

Commercial Mortgage-Backed Securities

Code

Dutch Corporate Governance Code

Council

Employees’ Council

CRD

Capital Requirements Directive

CRDRs

Conditional Restricted Depositary Receipts

CRE-CDO

Commercial Real Estate-Collateralised Debt Obligations

CRM

Credit Risk Management

CRO

Chief Risk Officer

CSAs

Credit Support Annexes

CSR

Corporate Social Responsibility

DA

Distressed Assets department

DNB

Dutch Central Bank

DNB/AFM

Principles Principles for Controlled Remuneration Policies as issued by the Dutch Central Bank and the Dutch Authority for the Financial Markets

DRs

Depositary Receipts

EAD

Exposure at default

EBITDA

Earnings Before Interest, Taxes, Depreciation and Amortisation

EC

Economic capital

ECC

Engagement and Compliance Committee

EL

Expected Loss

FMCR

Financial Markets Credit Risk

Foundation

Stichting Administratiekantoor NIBC Holding

FTEs

Full-time equivalents

GO facility

Garantie Ondernemingsfinanciering

IAS

International Accounting Standards

IASB

International Accounting Standards Board

IBNR

Incurred but not Reported

IC

Investment Committee

ICAAP

Internal Capital Adequacy Assessment Process

IFRIC

International Financial Reporting Interpretations Committee

IFRS

International Financial Reporting Standards

IM

Investment Management

IMA

Internal Model Approach

LGD

Loss given default

LTI

Long-term incentive

LTiMV

Loan-to-Indexed-Market-Value

LTV

Loan-to-market values

MR

Market Risk

NHG

guarantee Mortgage with Dutch government guarantee

NIBC

NIBC Bank N.V.

NIBC

Funds Funds set up and managed by NIBC

NIBC

Holding NIBC Holding N.V.

OECD

Organisation for Economic Co-operation and Development

OOE

One Obligor Exposure

ORM

Operational Risk Manager

OTC

Over The Counter

PD

Probability of default

PECDC

Pan-European Credit Data Consortium

PFI

Private Finance Initiative

PPP

Public-private partnership

RAROC

Risk-adjusted return on capital

RC

Regulatory capital

RDRs

Restricted Depositary Receipts

repos

Repurchase agreements

reverse

Securities purchased under agreements to resell repos

RMBS

Residential Mortgage-Backed Securities

RMC

Risk Management Committee

RMS

Rating Monitoring System

RNC

Remuneration and Nominating Committee

RP

Risk Policy department

RWA

Risk weighted assets

SPE

Special Purpose Entity

SREP

Supervisory review and evaluation process

STI

Short-term incentive

TC

Transaction Committee

VaR

Value at Risk

Veca

NIBC Venture Capital N.V.

WEW

Social Housing Guarantee Fund (Stichting Waarborgfonds Eigen Woningen)

Wft

Wet op het financiële toezicht