Yıl 2019, Sayı : 82 Sayfalar 46 - 60 2019-08-01
SPECIAL ASPECTS OF IFRS 9 APPLICATION BY CREDIT GUARANTEE FUNDS IN DEVELOPING COUNTRIES
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
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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.

Anahtar Kelimeler

Abakirov, M., Abakirov, S. Access of small and medium enterprises to finances. – Bishkek: Guarantee fund, 2019.
Birincil Dil en
Konular Sosyal
Yayımlanma Tarihi 1 Ağustos 2019
Bölüm Araştırma Makalesi
Yazarlar
Tarihler

Yayımlanma Tarihi : 1 Ağustos 2019


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