Reduction of write-off reflection period in eCIB report

Sectoral Matter

Reduction of write-off reflection period in eCIB report

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Reduction of write-off reflection period in eCIB report

On SBP’s request, PBA’s Risk Sub Committee reviewed the write-off reflection period which SBP is considering to reduce. The Sub Committee suggested that the 15-year write-off period should be retained to allow banks to make the most informed lending decisions possible. The recommendations have been submitted to SBP.