A single borrower shall mean any single natural or juridical person.

A group or related borrowers shall mean:

- two or more natural or juridical persons who unless shown otherwise, constitute a single risk because one of them, directly or indirectly, has control over the other or others, or can exercise a controlling influence over the other or others in making financial and operating decisions;

or

- two or more natural or juridical persons between whom there is no relationship of control but who are to be regarded as constituting a single risk because they are so interrelated that, if one of them were to experience financial problems, the other or all of the others would be likely to encounter repayment difficulties such as failing to honour an obligation in a timely manner or in full.

The Central Bank reserves the right to determine individual exposures as connected.