Regulation on Asset Classification

Topics:
Financial Regulations
Tags:
Asset,
Asset Management,
Business Operations,
Classification,
National Bank Of Georgia,
Operational Planning,
Provisioning,
Regulation
Source:
National Bank Of Georgia

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Overview: The purpose of this Regulation in the classification of assets by credit unions, and development and implementation of internal procedures and reporting requirements related to provisioning commitments, which will contribute to determining the realistic financial condition of a credit union and its development. This article also explains about Obligations of Credit Unions, Asset Classification System, Loan Classification Categories, Split Classification, Deposit Classification, and Rules for Creation and Use of Asset Loss Reserves etc.

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Format: HTML & PDF | Date: Nov 2002 | Pages: 1

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