Republic of Belarus: Technical Assistance Report-Asset Classification and Nonperforming Loan Regulation

April 19, 2021

Preview Citation

Format: Chicago

Republic of Belarus: Technical Assistance Report-Asset Classification and Nonperforming Loan Regulation, (USA: International Monetary Fund, 2021) accessed September 19, 2024

Summary

The NBRB revised in 2018 its regulation on asset classification and provisioning (the Regulation). One of the main changes was the introduction of a new definition for NPLs based on the current framework of risk groups (RGs). This definition substitutes the previous term “problem assets.” One of the intentions of the replacement is to promote international comparability by using it as a financial soundness indicator (FSI). The reported levels of this new NPLs indicator are, however, relatively low and, more important, much lower than the previous indicator, based on problem assets. The new NPL indicator levels are relatively stable, around 4 percent. The previous indicator was also stable, but the levels were more than three times higher, about 13 percent.

Subject: Financial institutions, Financial regulation and supervision, International organization, Monetary policy

Keywords: Asset CLASSIFICATION, BCBS guideline, Collateral, Credit risk, E. upgrading NPL, Forbearance Classification, Global, IMF Monetary, NONPERFORMING loan regulation, Nonperforming loans

Publication Details

Pages:

87
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2021/078
Stock No:

1BLREA2021001
ISBN:

9781513577005
ISSN:

1934-7685

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