BCBS 9
Definition
BCBS 9 is a document published by the Basel Committee on Banking Supervision on November 1991 in the Basel I category.
Title
Amendment of the Basel capital accord in respect of inclusion of general provisions/general loan-loss reserves in capital.
Abstract
This document redefines the criteria for the inclusion of general provisions (known in some countries as general loan-loss reserves) in bank capital under the terms of the Basle Capital Accord of July 1988. The purpose is to define general provisions with greater precision so as to ensure greater consistency in the extent to which unidentified provisions are included in capital and in the extent to which elements designed to provide against identified deterioration in the role of particular assets are excluded. At the same time, the caps on the inclusion of general provisions in tier 2 capital are lifted. The amendment was designed to take effect at the latest by end-1993.
Document Profile
- Publication Date: November 1991
- Publication Type: Standards
- Publication Status: Superseded
- Publication Category: Basel I
- Number of Pages: 3
- Keywords: General Loan-loss Reserves, Loan-loss Reserves, Provisions, Credit Risk, General Provisions
See Also
Disclaimers
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