1993 SNA Update Information - Expert comments for issue:
Valuation of non-performing loans, loans and deposits |
| Issue description | | Issue description in [English] | [French] | [Russian] | [Spanish] | The financial crises of the 1990s led to renewed interest in the statistical treatment of
non-performing loans. The purpose of the review is to determine what criteria should be
applied in the SNA to the writing-off of non-performing loans and to make sure that they
are consistent with the other major macroeconomic statistical systems (balance of
payments, government finance statistics, and monetary and financial statistics).
The valuation of loan positions and deposits are subject to alternative perspectives.
Nominal or face value valuation might be misleading because of the risk of default
and/or changes in interest rates. This difference becomes apparent when the loans are
traded. However, these valuation issues are equally applicable to non-traded loans.
Business accounting standards are considering using the concept of “fair value” for the
valuation of loans as if they were traded. Should the SNA introduce a valuation other
than nominal for deposits and loans? |
|
|
| Expert comments | | There are no expert comments for this issue/subissue so far. |
|
|
|
