HomeSNAISWGNAKnowledge BaseDataTechnical CooperationPublications
You are here:   ISWGNA >> Updating the SNA >> Towards the 2008 SNA >> 1993 SNA Update Information >> List of Issues

1993 SNA Update Information - Country comments for issue:
Valuation of loans and deposits; Write-off and interest accrual on impaired loans

Subissue description
Issue description in [English] | [French] | [Russian] | [Spanish]
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?
Country comments
Number of country comments for selected issue:4
  Date postedSourceComment
 10/10/2006SwedenAgreement with proposal
 15/09/2006United KingdomWe agree with all the recommendations made by the AEG.
 15/09/2006LatviaAfter deep discussions and expert consultations we basically support the 1993 SNA Update Issues.
 27/07/2006EgyptThe nominal value should be the main base for valuation of loans and deposits.
Navigation Options
*Back to Issues
*See all issues/subissues with country comments
*See all AEG recommendations for this issue
*See all expert comments for this issue

About  |  Sitemap  |  Contact Us
Copyright © United Nations, 2014