Aggregated funding definition
Aggregated funding means the gross amount (e.g. not netting any form of credit extended to the legal entity) of all forms of funding (e.g. deposits or debt securities or similar derivative exposure for which the counterparty is known to be a small business customer). In addition, applying the limit on a consolidated basis means that where one or more small business customers are affiliated with each other, they may be considered as a single creditor such that the limit is applied to the total funding received by the institution from this group of customers.
Aggregated funding means the gross amount (i.e., not netting any form of credit extended to the legal entity) of all forms of funding (e.g. deposits or debt securities or similar derivative exposure for which the counterparty is known to be a small business customer).
Aggregated funding means the gross amount (no netting against credit loans/facilities/etc. is allowed). In addition, aggregation is applicable to a group of affiliated customers that may be considered as a single creditor such that the limit is applied to the total funding received by the bank from these group of customers.