NATIONAL WESTMINSTER BANK PLC /ENG/ | CIK:0000702162 | 3

  • Filed: 3/29/2018
  • Entity registrant name: NATIONAL WESTMINSTER BANK PLC /ENG/ (CIK: 0000702162)
  • Generator: Merrill
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/702162/000110465918021203/0001104659-18-021203-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/702162/000110465918021203/nwpc-20171231.xml
  • XBRL Cloud Viewer: Click to open XBRL Cloud Viewer
  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0000702162
  • Open this page in separate window: Click
  • ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory

     

    18. Loan commitments

     

    Provision is made for loan commitments, other than those classified as held-for-trading, if it is probable that the facility will be drawn and the resulting loan will be recognised at an amount less than the cash advanced. Syndicated loan commitments in excess of the level of lending under the commitment approved for retention by the Group are classified as held-for-trading and measured at fair value.