2015 €000
Loans to on-lenders (See Note 12.1)	235,603

The SBCI had loans in issue to two on-lenders at the end of the period. Both of these onlenders are Irish financial institutions. The remaining terms of these loans range from 2.5 to 9 years and interest is charged by the SBCI at Euribor plus margin. The loans in issue were provided on an unsecured senior creditor basis.

The Company assesses at the end of each financial period, whether there is objective evidence that the on-lender loans are impaired (See Note 4.8). Following the impairment assessment of the loans as at 31 December 2015, the Company concluded that no evidence of impairment existed at the reporting date.

At the end of the period, the Company had €516 million in undrawn loan commitments.

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