Accumulated write-offs

Cumulative amount of principal and past due interest of any debt instrument that the institution is no longer recognising because they are considered uncollectible, independently of the portfolio in which they were included. Write-offs could be caused both by reductions in the carrying amount of financial assets recognised directly in profit or loss and by reductions in the amounts of the allowance accounts for credit losses set off
against the carrying amount of financial assets.

Variable ID

ACCMLTD_WRTFFS

Definition

Cumulative amount of principal and past due interest of any debt instrument that the institution is no longer recognising because they are considered uncollectible, independently of the portfolio in which they were included. Write-offs could be caused both by reductions in the carrying amount of financial assets recognised directly in profit or loss and by reductions in the amounts of the allowance accounts for credit losses set off
against the carrying amount of financial assets.

Input layer instructions

Not available

Domain

Monetary

Legal references

  • No legal references provided

Used in cubes

Used in transformations