Examples of using Conditional commitments in English and their translations into Romanian
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The classification of assets/conditional commitments.
The Regulation on the assets and conditional commitments classification approved by Decision of the Council of Administration of Directors.
To require banks to adjust the value of prudential assets and conditional commitments;
On assets and conditional commitments classification.
The comprehensive procedures for identifying the nonperforming assets and conditional commitments;
REGULATION on assets and conditional commitments classification.
Minus the calculated size butunreserved of the allowances for asset losses and conditional commitments;
To approve the Regulation on assets and conditional commitments classification, according to the Annex no.1.
Account 2772 is designated for the bookkeeping of the creation of provisions for any conditional commitments losses.
Allowances for impairment losses on assets and conditional commitments increased due to the worsening of the loan portfolio quality at some banks.
The credit of the account records the creation andincrease of provisions for the compensation of any losses on conditional commitments.
Based on the classification, the required amount of allowance for assets and conditional commitments losses shall be determined in accordance with Chapter IV of this Regulation.
Account 5773 is designated for the bookkeeping of expenses related to the creation andincrease of provisions for losses on conditional commitments.
Banks will report and update the information on assets and conditional commitments subject to credit risk as provided by the normative acts of the NBM.
Reversed amount of differences reductions between the asset impairment according to the Accounting Standards and the amount calculated butunformed for impairment on losses on assets and conditional commitments according to the prudential regulations.
Allowance for assets losses and conditional commitments- reserves to absorb estimated losses due to valuation of assets/ conditional commitments subject to credit risk.
Less allowance for loan losses, calculated according to the Regulation on assets and conditional commitments classification;
Prior to the assessment of bank's assets and conditional commitments, the value thereof shall be decreased by the insurance amount referred to item 2, paragraph 5 of the Regulation on“large” exposures.
Simultaneously, the calculated amount but unreserved of the allowances for impairment losses on assets and conditional commitments decreased by MDL 62.9 million(2.1 percent).
The reporting systems for information on assets and conditional commitments subject to credit risk must have accurate, timely and sufficient data- systematically collected from all relevant sources.
Account 7213 is designated for the bookkeeping of the means calculated for prudential purposes to cover potential losses on conditional commitments, according to the regulations in this field.
Register of assets and conditional commitments subject to credit risk- will contain data on claims of reporting entities related to assets and conditional commitments subject to credit risk;
The calculated but unformed yet amount of allowances for the impairment losses on assets and conditional commitments have also increased by MDL 386.2 million, or by 15.8 percent(which decrease the amount of Tier I capital).
This Regulation on assets and conditional commitments classification(hereinafter- Regulation) shall be applied by the authorized banks upon classification and provisioning to the allowance for losses on on-balance assets/ conditional commitments subject to credit risk and namely.
Simultaneously, the calculated amount butunreserved of the allowances for impairment losses on assets and conditional commitments increased by MDL 168.9 million(6.0 percent) and net intangible assets increased by MDL 41.6 million(15.7 percent).
Register of expired assets and conditional commitments- will contain data on the history of counterparties meeting their liabilities on assets and conditional commitments subject to credit risk;
The Tier I capital decrease was due to the increase of calculated amount, but unreserved,of the allowances for impairment losses on assets and conditional commitments by MDL 977.2 million or by 61.1 percent, which is excluded from the calculation of Tier I.
Bank shall report on assets and conditional commitments classification and calculation of allowance for assets/conditional commitments in accordance with the requirements of the regulations of the National Bank for reporting.
This decision shall not apply to new loans granted to the borrowers referred to in item 1, which are classified according to the Regulation on the assets and conditional commitments classification, approved by Decision of the Council of Administration of Directors of the National Bank of Moldova no. 231 of 27 October 2011.
Banks shall classify the assets and conditional commitments at least on a monthly basis on the last day of the reporting period in accordance with this Regulation and own policy and procedures developed by each bank in compliance with this Regulation.