TY - BOOK ID - 133665425 TI - Republic of Belarus : Technical Assistance Report-Asset Classification and Nonperforming Loan Regulation. PY - 2021 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Money and Monetary Policy KW - International Economics KW - Industries: Financial Services KW - Banks and Banking KW - Monetary Policy KW - International Agreements and Observance KW - International Organizations KW - Banks KW - Depository Institutions KW - Micro Finance Institutions KW - Mortgages KW - Financing Policy KW - Financial Risk and Risk Management KW - Capital and Ownership Structure KW - Value of Firms KW - Goodwill KW - Monetary economics KW - International institutions KW - Finance KW - Financial services law & regulation KW - Monetary policy KW - International organization KW - Financial institutions KW - Financial regulation and supervision KW - International agencies KW - Loans KW - Financial risk management KW - Belarus, Republic of UR - https://www.unicat.be/uniCat?func=search&query=sysid:133665425 AB - The NBRB revised in 2018 its regulation on asset classification and provisioning (the Regulation). One of the main changes was the introduction of a new definition for NPLs based on the current framework of risk groups (RGs). This definition substitutes the previous term “problem assets.” One of the intentions of the replacement is to promote international comparability by using it as a financial soundness indicator (FSI). The reported levels of this new NPLs indicator are, however, relatively low and, more important, much lower than the previous indicator, based on problem assets. The new NPL indicator levels are relatively stable, around 4 percent. The previous indicator was also stable, but the levels were more than three times higher, about 13 percent. ER -