SPECIAL ASPECTS OF IFRS 9 APPLICATION BY CREDIT GUARANTEE FUNDS IN DEVELOPING COUNTRIES

Malik-aidar ABAKİROV; Syrgak ABAKİROV; Emil AVAZOV; Erkin BAİALİEVA; Mahabat KAZİEVA; Reina KURMANKOJOEVA; Elmira MAMYTOVA

Makale detayları

SPECIAL ASPECTS OF IFRS 9 APPLICATION BY CREDIT GUARANTEE FUNDS IN DEVELOPING COUNTRIES

Yazarlar:

Malik-aidar ABAKİROV | Syrgak ABAKİROV | Emil AVAZOV | Erkin BAİALİEVA | Mahabat KAZİEVA | Reina KURMANKOJOEVA | Elmira MAMYTOVA

Yayıncı:

Kyrgyz-Turkish Manas University

Ana Başlıklar:

Sosyoloji & antropoloji

Dergi:

Reforma 2019 Vol.2 Issue 82, pp.46-60

Belge Tipi:

Makale

Yayın Tarihi:

7/2019

Belge Dili:

İngilizce

Document ID (Org No.):

2000778671

Sıklık:

Üç Aylık

pISSN:

1694-5158

Anahtar kelimeler:

Özet:

 

The article is devoted to the experience of guarantee funds operating in developing countries in implementation and application of IFRS 9 (as in the case of OJSC “Guarantee Fund” in the Kyrgyz Republic), as well as the methods and approaches for assessment of the guarantee risks and loan/guarantee losses under IFRS 9 standard. The key points and important aspects of IFRS 9 are outlined and, in particular, the results of the standard implementation by OJSC “Guarantee Fund” are presented. The article explains the models to estimate the probability of default by borrowers and counterparties of guarantee funds and approaches to calculate expected credit losses on the guarantee portfolio and financial assets, as well as describes approaches developed by OJSC “Guarantee Fund” to assess the probability of default by commercial banks and establish their internal ratings.

 

The article is devoted to the experience of guarantee funds operating in developing countries in implementation and application of IFRS 9 (as in the case of OJSC “Guarantee Fund” in the Kyrgyz Republic), as well as the methods and approaches for assessment of the guarantee risks and loan/guarantee losses under IFRS 9 standard. The key points and important aspects of IFRS 9 are outlined and, in particular, the results of the standard implementation by OJSC “Guarantee Fund” are presented. The article explains the models to estimate the probability of default by borrowers and counterparties of guarantee funds and approaches to calculate expected credit losses on the guarantee portfolio and financial assets, as well as describes approaches developed by OJSC “Guarantee Fund” to assess the probability of default by commercial banks and establish their internal ratings.

Makale detayları

SPECIAL ASPECTS OF IFRS 9 APPLICATION BY CREDIT GUARANTEE FUNDS IN DEVELOPING COUNTRIES

Yazarlar:

Malik-aidar ABAKİROV | Syrgak ABAKİROV | Emil AVAZOV | Erkin BAİALİEVA | Mahabat KAZİEVA | Reina KURMANKOJOEVA | Elmira MAMYTOVA

Yayıncı:

Kyrgyz-Turkish Manas University

Ana Başlıklar:

Sosyoloji & antropoloji

Dergi:

Reforma 2019 Vol.2 Issue 82, pp.46-60

Belge Tipi:

Makale

Yayın Tarihi:

7/2019

Belge Dili:

İngilizce

Document ID (Org No.):

2000778671

Sıklık:

Üç Aylık

pISSN:

1694-5158

IFRS 9

financial instrument

expected credit losses

model of expected credit/guarantee losses

probability of default

Sayı

Makale detayları

SPECIAL ASPECTS OF IFRS 9 APPLICATION BY CREDIT GUARANTEE FUNDS IN DEVELOPING COUNTRIES

Yazarlar: Malik-aidar ABAKİROV | Syrgak ABAKİROV | Emil AVAZOV | Erkin BAİALİEVA | Mahabat KAZİEVA | Reina KURMANKOJOEVA | Elmira MAMYTOVA

Yayıncı: Kyrgyz-Turkish Manas University

Ana Başlıklar: Sosyoloji & antropoloji

Dergi: Reforma 2019 Vol.2 Issue 82, pp.46-60

Belge Tipi: Makale

Yayın Tarihi: 7/2019

Belge Dili: İngilizce

Document ID (Org No.): 2000778671

Sıklık: Üç Aylık

pISSN: 1694-5158

IFRS 9

financial instrument

expected credit losses

model of expected credit/guarantee losses

probability of default

Sayı

Yazarlar:

Malik-aidar ABAKİROV | Syrgak ABAKİROV | Emil AVAZOV | Erkin BAİALİEVA | Mahabat KAZİEVA | Reina KURMANKOJOEVA | Elmira MAMYTOVA

Yayıncı:

Kyrgyz-Turkish Manas University

Ana Başlıklar:

Sosyoloji & antropoloji

Dergi:

Reforma 2019 Vol.2 Issue 82, pp.46-60

Belge Tipi:

Makale

Yayın Tarihi:

7/2019

Belge Dili:

İngilizce

Document ID (Org No.):

2000778671

Sıklık:

Üç Aylık

pISSN:

1694-5158