1993 SNA Update Information - Valuation of non-performing loans, loans and deposits
|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?
|Corresponding papers (Click on icon to see document in either pdf or word format)|
|AEG papers:||Papers not yet available|
|AEG summaries:||Papers not yet available|
|Number of AEG recommendations:||none|
|Number of country comments:||none|
|Number of expert comments:||none|
|Corresponding AEG Meetings|
|The issue was not discussed at any of the meetings which took place so far. It will be discussed at a later time.|