Business Term Status
The Business Term is currently validated by the Data Governance Committee.
Data Business Definition
An interest rate represents the cost of borrowing money, expressed as a percentage. In Solvay these interest rates are applied to the Internal Bank Accounts by the Solvay Treasury Accounting team. On the top of interest rates, we maintain a margin / BPS (Basis Points) to consider credit risk and remuneration of group company acting as a bank. (see affiliate credit ratings).
Roles
Data Sources, Type and Classification
SAP |
Reference Data |
Internal Data |