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ECL individual

  • Writer: Thomas Tsang
    Thomas Tsang
  • Dec 17, 2019
  • 1 min read

ECL can be assessed individually or collectively. Simplified approach is at apply life time ECL on trade receivables. But it can also be assessed individually by measuring the probability of default and loss given rate. It may be more appropriate when a company’s customers are specific to them such as in the construction industry.

 
 
 

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