My Report


SUPPLEMENTARY INFORMATION
Annex 11: Acronyms and abbreviations
Managing Director/Chief Executive Officer's and Chief Financial Officer's Statement of Responsibility
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Independent Assurance Report - Internal Control
AC | Amortised Cost |
AGM | Annual General Meeting |
ALCO | Assets and Liabilities Committee |
AMA | Advanced Measurement Approaches |
AML | Anti-Money Laundering |
ASPI | All Share Price Index |
BAC | Board Audit Committee |
BCBS | Basel Committee on Banking Supervision |
BCC | Board Credit Committee |
BCERC | Board Capital Expenditure Review Committee |
BCMSC | Business Continuity Management Steering Committee |
BCP | Business Continuity Plan |
BHRRC | Board Human Resources & Remuneration Committee |
BIA | Basic Indicator Approach |
BIC | Board Investment Committee |
BIRMC | Board Integrated Risk Management Committee |
BIS | Bank for International Settlements |
BNGC | Board Nominations and Governance Committee |
BRPTRC | Board Related Party Transactions Review Committee |
BSDC | Board Strategy Development Committee |
BTC | Board Technology Committee |
CAR | Capital Adequacy Ratio |
CASA | Current Accounts and Savings Accounts |
CBSL | Central Bank of Sri Lanka |
CCB | Capital Conservation Buffer |
CCR | Counterparty Credit Risk |
CDS | Central Depository System |
CET 1 | Common Equity Tier 1 |
CFM | Close Family Members |
CPC | Credit Policy Committee |
CRAB | Credit Rating Agency of Bangladesh |
CRM | Credit Risk Mitigation |
CSE | Colombo Stock Exchange |
CCF | Credit Conversion Factor |
DBU | Domestic Banking Unit |
DDO | Domestic Debt Optimisation |
DPD | Days Past Due |
DRP | Disaster Recovery Plan |
D-SIB | Domestic Systemically Important Bank |
EAD | Exposure at Default |
EAR | Earnings at Risk |
ECL | Expected Credit Loss |
ECMN | Executive Committee on Monitoring NPA |
EGM | Extraordinary General Meeting |
EHRSC | Executive Human Resources Steering Committee |
EIC | Executive Investment Committee |
EIR | Effective Interest Rate |
EIRMC | Executive Integrated Risk Management Committee |
ESC | Executive Sustainability Committee |
ESDC | Executive Strategy Development Committee |
ESOP | Employee Share Option Plan |
EVE | Economic Value of Equity |
FIS | Fixed Income Securities |
FVOCI | Financial assets measured at Fair Value through Other Comprehensive Income |
FVTPL | Financial assets measured at Fair Value through Profit or Loss |
FX | Foreign Exchange |
GDP | Gross Domestic Product |
GRI | Global Reporting Initiatives |
HQLA | High Quality Liquid Assets |
IBR | Incremental Borrowing Rate |
ICAAP | Internal Capital Adequacy Assessment Process |
ICASL | Institute of Chartered Accountants of Sri Lanka |
IIRC | International Integrated Reporting Council |
IMF | International Monetary Fund |
IRMD | Integrated Risk Management Department |
IRR | Interest Rate Risk |
IRRBB | Interest Rate Risk in Banking Books |
ISC | Information Security Council |
ISIN | International Securities Identification Number |
ISO | International Standard Organisation |
ISMS | Information Security Management System |
ITSC | IT Steering Committee |
KPIs | Key Performance Indicators |
KRIs | Key Risk Indicators |
KIRIs | Key IT Risk Indicators |
KMP | Key Management Personnel |
KORIs | Key Operational Risk Indicators |
LCB | Licensed Commercial Bank |
LCR | Liquidity Coverage Ratio |
LGD | Loss Given Default |
LSB | Licensed Specialised Bank |
LTECL | Life Time Expected Credit Loss |
LTV | Loan to Value Ratio |
MATs | Management Action Triggers |
MRMU | Market Risk Management Unit |
MSME | Micro Small and Medium Enterprises |
NCI | Non-Controlling Interest |
NII | Net Interest Income |
NIM | Net Interest Margin |
NOP | Net Open Position |
NPA | Non-Performing Assets |
NPCF | Non-Performing Credit Facilities |
NSFR | Net Stable Funding Ratio |
OCI | Other Comprehensive Income |
PAT | Profit After Tax |
PBT | Profit Before Tax |
PD | Probability of Default |
PDI | Past Due Interest |
PER | Price Earnings Ratio |
POCI | Purchased or Originated Credit Impaired (Financial Assets) |
RAS | Risk Appetite Statement |
RCPSC | Recovery Plan Steering Committee |
RCSA | Risk Control Self Assessment |
ROA | Return on Assets |
ROCE | Return on Capital Employed |
ROE | Return on Equity |
RPT | Related Party Transactions |
RSA | Rate Sensitive Assets |
RSL | Rate Sensitive Liabilities |
RWA | Risk Weighted Assets |
ROUA | Right of Use Asset |
SA | Standardised Approach |
SEC | Securities and Exchange Commission of Sri Lanka |
SEMS | Social and Environmental Management System |
SICR | Significant Increase in Credit Risk |
SLAR | Statutory Liquid Assets Ratio |
SLDB | Sri Lanka Development Bond |
SLFRS | Sri Lanka Financial Reporting Standards |
SME | Small and Medium Enterprise |
SOFP | Statement of Financial Position |
SPPI | Solely Payment of Principal and Interest |
SLISB | Sri Lanka International Sovereign Bond |
UNGC | United Nations Global Compact |
WSME | Women, Small and Medium Enterprises |
VaR | Value at Risk |
YoY | Year-on-Year |
12mECL | 12 months Expected Credit Loss |