...
For IBNR it covers the calculation of risk provision based on portfolios. For each portfolio the specific Probability of Default and Loss Given Default can be
- calculated based on historic default information or it can be
- delivered from any source.
The combination of both, the loss-rate, will be applied to the Gross Carrying Amount.
...
For the customer specific consideration of objective evidence of impairment in the specific provisioning process two options are provided:
...