January 25, 2018

SBIF is extending the consultation period on the regulation on the standard method for estimating the provisions for credit risk of the commercial portfolio of group analysis until March 16, 2018. The regulations will come into force in January 2019.

This proposal modifies the provisions for credit risk, contained in Chapter B-1 of the Compendium of Accounting Standards (CNC), and is part of the effort of SBIF to provide standardized methodologies for computation of loan portfolio provisions. The consultation introduces standard methods to calculate the provisions for credit risk of the group commercial portfolio. This seeks to continue advancing in the implementation of standardized methods for the computation of provisions. The proposal in consultation contains four methods that, as a whole, make up the minimum standard of provisions for the commercial portfolio of group analysis. The proposed methods and risk factors that are considered are commercial leasing method, factoring method, student method, and generic commercial method.


Related Link (in Spanish): Press Release

Comment Due Date: March 16, 2018

Keywords: Americas, Chile, Banking, Credit Risk, SBIF

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