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? |
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| Country comments | | Number of country comments for selected issue: | 4 | | Date posted | Source | Comment |  | | 10/10/2006 | Sweden | Agreement with proposal | | 15/09/2006 | United Kingdom | We agree with all the recommendations made by the AEG. | | 15/09/2006 | Latvia | After deep discussions and expert consultations we basically support the
1993 SNA Update Issues. | | 27/07/2006 | Egypt | The nominal value should be the main base for valuation of loans and deposits. |
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