IDEAS home Printed from https://ideas.repec.org/a/ovi/oviste/vxvy2015i1p748-753.html
   My bibliography  Save this article

IFRS 9’s Impact on the Romanian Banking System’s Provisions

Author

Listed:
  • Ghi?ã-Mitrescu Silvia

    (Ovidius University of Constanta, Faculty of Economic Studies)

  • Duhnea Cristina

    (Ovidius University of Constanta, Faculty of Economic Studies)

Abstract

After the financial crisis in 2007, the accounting regulators and practitioners became aware of the deficiencies in the international accounting regulations about credit risk assessment and measurement. Therefore, IFRS 9 was released in order to replace the existing IAS 39. One of the most important provisions of IFRS 9 is the replacement of the impairment loss model of credit risk evaluation with an expected credit loss model. It’s application will lead to an increase in bank’s provisions for non-performing loans and it may lead to a more stable banking industry. The following paper presents the main provisions of IFRS 9 on the assessment of credit risk and reviews the current situation of the Romanian banking system in an attempt to determine the impact of IFRS 9’s implementation.

Suggested Citation

  • Ghi?ã-Mitrescu Silvia & Duhnea Cristina, 2015. "IFRS 9’s Impact on the Romanian Banking System’s Provisions," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 748-753, May.
    • Handle: RePEc:ovi:oviste:v:xv:y:2015:i:1:p:748-753
    as

    Download full text from publisher

    File URL: http://stec.univ-ovidius.ro/html/anale/RO/2015/ANALE%20vol%2015_issue_1_pt%20site.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    IFRS 9; expected credit loss; non-performing loans; credit quality;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ovi:oviste:v:xv:y:2015:i:1:p:748-753. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gheorghiu Gabriela (email available below). General contact details of provider: https://edirc.repec.org/data/feoviro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.