39.3 Handling Participated/Syndicated Contracts

Participated/Syndicated contracts are applicable for Stage Loan Contracts, Stage Letter Of Credit Contracts, Stage Bill Contracts, Stage Leases Contracts product processors. Contract related details are expected in the product processors and credit facility details are in Stage Credit Facility Details. Share details of member banks are expected to be sourced to Stage Credit Participation Details table. In the product processors net shares (bank’s contribution for the participated/syndicated contract) can be populated directly as a download or can be derived within OFSDF if the Gross Amounts (total amount of the participated/syndicated contract) are populated in the Product Processor tables. Account Or Contract Number of Product Processors and Syndicated Account Number of Stage Credit Participation Details are expected to be same for a Participated/syndicated contract. When the Bank is acting as Lead Bank, an additional record is expected for lead bank in Stage Credit Participation details with the Net share amounts. A Setup parameter is used to indicate whether net share amounts are provided as download or gross amounts in the product processors. If Gross amounts are provided then Net share will be calculated by netting the Gross amounts in Product Processors with the Sum of Member bank shares from Stage Credit Participation Details.

• Setup parameter PARTCPN_GLOBAL_AMT_FLAG need to be set as Y incase Gross amount is provided in the Product Processor tables and N for Net share amount. Default value is N.
• F_PARTICIPATION_FLAG flag needs to be set as Y in the Product Processors in case of Participated/Syndicated Contracts.

Following are the only attributes used for net share computation while populating Fact Common Account Summary from the respective Product Processor. Rest all attributes are expected to be populated with gross amounts.

• Stage Loan Contracts: n_sanctioned_limit, n_eop_bal, n_eop_curr_prin_bal, n_accrued_interest
• Stage Letter Of Credit Contracts: n_tot_comm_amt, n_accrued_interest, n_undrawn_amount
• Stage Bill Contracts: n_eop_bal, n_eop_curr_prin_bal, n_accrued_interest, n_undrawn_amount
• Stage Leases Contracts: n_eop_bal, n_sanctioned_limit, n_eop_curr_prin_bal, n_accrued_interest
• Stage Credit Facility Details: n_undrawn_amt, n_line_committed_amt