How does IFRS 9 affect banks' impairment recognition in bad times?

Bericht

IFRS 9 has changed the way banks recognise credit losses. Under IFRS 9, credit impairment shall be based on more forward-looking assessments by including recognition of expected credit losses. The purpose of this memo is to analyse how IFRS 9 affects the path of Norwegian banks' credit losses in bad times. We analyse the effects of IFRS 9 by calculating and comparing the paths of banks' credit losses under IAS 39 and IFRS 9 in the period 2001-2017. Our results suggest that IFRS 9 may increase impairment losses both immediately prior to and during bad times with increased credit risk.

Angaben zum Objekt

• ISBN: 978-82-8379-123-5
• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Staff Memo ; No. 9/2019

Klassifikation und Themen

• Klassifikation: Wirtschaft
• Thema: IFRS 9 ; IAS 39 ; credit losses ; enterprises ; credit risk

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Andersen, Henrik ; Hjelseth, Ida Nervik
• Ereignis: Veröffentlichung
• (wer): Norges Bank
• (wo): Oslo
• (wann): 2019

Weitere Informationen

• Handle: http://hdl.handle.net/10419/246136
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ