main risk components, the Probability of Default (PD) and the Loss Given Default (LGD) have been the subject of greater …

provisioning in stage 3 under the IFRS 9. Based on the estimation results, we can identify periods of insufficient provisioning … condi-tions under the IFRS 9 regime. …

data and then discusses the implications of the findings for provisioning in stage 3 under IFRS 9. This analysis is … definition before the implementation of IFRS 9. Based on our results, we find significant asymmetries in the Czech banks … procyclically than their peers with lower credit risk. If this behaviour persists under IFRS 9 and banks do not change their …

The loan impairment rules recently introduced by IFRS 9 require banks to estimate their future credit losses by using … not apply IFRS 9 around this cut-off. This pattern is consistent with a strategic use of the increased reporting … discretion that is inherent to rules requiring forward-looking loss estimation. At the same time, banks also reduce their lending …

The International Financial Reporting Standard (IFRS) 9 relates to the recognition of an entity’s financial asset …/liability in its financial statement, and includes an expected credit loss (ECL) framework for recognising impairment. The … quantification of ECL is often broken down into its three components, namely, the probability of default (PD), loss given default …