How should "Other demand deposit (with credit institutions)" be treated across different items of the Table 1A - Assets (P 01.01) in funding plans in order to avoid double counting? Furthermore, is it relevant to exclude loans on demand from the household sector?

According to the current methodology for the reporting of funding plans and its reference to the FINREP data, the item "Other demand deposit (with credit institutions)" is included both in the row 010 (Cash and cash balances at central banks) and the row 170 (Loans to financial corporates (exc reverse repos)) of the Table 1A - Assets (P 01.01) in funding plans. The question is how to treat the "Other demand deposit (with credit institutions)" across different items to avoid double counting. In addition, the methodology for the calculation of the row 030 "Loans to households (exc reverse repos)", which refers to the FINREP table F 05.00, excludes the item 010, i. e. "Loans on demand [call] and short notice [current account]", for which we do not see any material reason.

Following the definitional references provided for template P 01.01 of Annex I of EBA/GL/2014/04 - Guidelines on harmonised definitions and templates for funding plans of credit institutions (GL on funding plans) would lead to double reporting of “on demand deposits”.

The reference provided for row 010 of Table 1A (Template P 01.01) should be FINREP (F 01.01, r010, c010) minus (F 01.01, (r040, c010) to exclude “on demand deposits” with credit institutions.

The reference provided for row 030 of Table 1A (Template P 01.01) should be FINREP, F 05.00, r080 minus r050, c060 to include "Loans on demand [call] and short notice [current account]".

The definitional references will be amended in the next available version of the GL on funding plans.