Republic of Belarus: Technical Assistance Report-Asset Classification and Nonperforming Loan Regulation
IMF Staff Country Reports, April 19, 2021
Source details
- Canonical URL
- Republic of Belarus: Technical Assistance Report-Asset Classification and Nonperforming Loan Regulation
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Bibliographic details
- Published: April 19, 2021
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513577005.002
Revision of regulation and intent
- 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 new 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).
Key findings and metrics
- The reported levels of this new NPLs indicator are 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 focus and keywords
- 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
Content in this bundle
- 1blrea2021001 - Preface