By the Numbers
2018
Financial entities must adopt IFRS 9 by January 1, 2018.
60%
Despite rapid provisioning, coverage (measured as the ratio of reserves to noncurrent loans) fell below 60% in the fourth quarter of 2009, down from a typical 100%.
80%
By late 2015, 80% of regional banks surveyed had not initiated work or were still focusing on gap analysis to comply with IFRS 9 guidelines.
96%
By late 2015, 96% of surveyed regional banks expected challenges in the IFRS 9 Impairment phase.
24
Small business borrowers spend an average of 24 hours on paperwork for bank loans.
0%
Crossing the threshold from positive to negative interest rates may stimulate the economy, as Central Banks are hoping, but it can also cause economic challenges.
12
In some cases, firms can use changes in 12-month probability of default as an approximation of the lifetime default risk change.
2
For most firms, IFRS 9 guidelines suggest using at least two economic scenarios for impairment calculations.
3
Factors influencing vintage-segment performance can be conceptually divided into three classifications.
8
For eight bank holding companies, the Fed now requires layering a counterparty default scenario onto standard CCAR exercises, and next-generation stress tests could feature shocks to bank interconnectedness.
3
When implementing recent regulatory guidance, there are three common themes to consider.
95
The new AnaCredit regulation proposes that banks report at least 95 data elements regarding exposures’ credit risk.
