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Treatment of Nonperforming Loans
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Review of International Statistical Standards: Valuation and Recognition of Loans. |
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The European Central Bank, General Statistics Directorate on 8/10/2004 3:15:43 PM |
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| Moderators Comment. The attached paper provides support for option 2. In addition, Annex 1 provides an outline of the accounting framework for financial instruments and the current state of play in the European Union. Annex 3 provides a useful summary of changes being made to the credit risk assessment framework of banks. |
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