Regulation 62/2011 “On credit risk management from banks and branches of foreign banks”, integrated version

Type: Rules
Approved by: Supervisory Council
Number: 62 (amended)
Date: 14.09.2011
Enter into force: 01.01.2022
Published in: Official Journal
on: 21.01.2021
Category: Supervision
Department: Banking Supervision

The purpose of this regulation is: a) to lay down the rules on credit risk management in the activity of banks and branches of foreign banks; and b) to lay down the criteria on credit risk assessment and the classification of loans and assets, and the calculation of reserves for loan loss provisions from their depreciation.