I crediti deteriorati fra la prospettiva regolamentare e contabile: un’evidenza empirica

In the last three years, non-performing loans came up as the main problem of the Italian banking industry, given the impact on individual institutions and on the economy as a whole; this problem is, therefore, the topic of an intense debate, in which is often made an improper use of conceptually non-overlapping definitions: the definition of "non-performing exposures”, introduced by the EBA, of "impairment”, defined by IAS/IFRS and of "default”, regulated by the CRR. An analysis of the legislation underlying the three definitions has shown that the reconciliation between them is not so obvious and, on contrast, the homogeneity between balance sheet, statistical and supervisory information is an added value of the Italian context.