BAC INTERNATIONAL BANK INC. AND SUBSIDIARIES (Panama PDF

BAC International Bank Inc

FINANCIAL INSTITUTIONS. CREDIT OPINION. 6 November 2020. Update. RATINGS. BAC International Bank Inc. Domicile. PANAMA CITY

BAC INTERNATIONAL BANK INC. AND SUBSIDIARIES

31 déc. 2015 BAC INTERNATIONAL BANK INC. AND SUBSIDIARIES. Consolidated Statement of Financial Position. December 31

BAC INTERNATIONAL BANK INC. AND SUBSIDIARIES - (Panama

BAC INTERNATIONAL BANK INC. AND SUBSIDIARIES. (Panama

BAC International Bank Inc.

3 mar. 2022 Panamá S.A.) from Banco de Bogota S.A. y Subsidiarias (BBogota) we could raise the long-term issuer credit rating on. BAC International ...

BAC INTERNATIONAL BANK INC. AND SUBSIDIARIES

31 déc. 2019 2 of February 22 2008

GENERALES DEL BANCO BAC International Bank Inc. 31-08-2022

31 août 2022 Nombre: BAC International Bank Inc. Licencia: Licencia General. Tipo de Banco: Casa Matriz. Dirección Física: TORRE BAC AVE.

Credit Opinion: BAC International Bank Inc

Credit Opinion: BAC International Bank Inc. Global Credit Research - 17 Jun 2015. Panama City

BAC INTERNATIONAL BANK INC. AND SUBSIDIARIES (Panama

31 déc. 2017 Credomatic de Panamá S.A. with BAC International Bank

Moodys affirms Grupo Aval Banco de Bogotá and BAC International

23 sept. 2021 International Bank's ratings; Grupo Aval's outlook changed to negative ... S.A. Panamá (LBP) BAC's parent

Rating Action: Moodys downgrades BAC International Bank Inc

4 mar. 2020 and foreign currency deposit ratings of Panama-domiciled BAC International Bank Inc (BAC) to Ba1 from. Baa3

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Auditors' Responsibilities for the Audit of the Consolidated Financial Statements. 1RWH The consolidated statement of financial position must be read in conjunction with the notes which are part of the consolidated financial statements. 1RWH /LDELOLWLHV

The consolidated statement of income must be read in conjunction with the notes which are part of the

consolidated financial statements. 6 &RQVROLGDWHG6WDWHPHQWRI,QFRPH The consolidated statement of comprehensive income must be read in conjunction with the notes which are part of the consolidated financial statements.

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The consolidated statement of changes in equity must be read in conjunction with the notes which are part of the consolidated financial statements.

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The consolidated statement of cash flows must be read in conjunction with the notes which are part of the

consolidated financial statements. 6 &RQVROLGDWHG6WDWHPHQWRI&DVK)ORZV (a) Compliance with International Financial Reporting Standards ("IFRSs") (b) Basis of measurement (c) Functional and presentation currency (d) Use of estimates and judgments (a) Basis of consolidation

Subsidiaries

Balances and Transactions Eliminated in the Consolidation Changes in the ownership of the subsidiaries that do not result in a change of contro

Disposal of subsidiaries

(b) Transactions and balances in foreign currencies

Subsidiaries of the Bank

Classification

Agreements for repurchase and resale of securities

Investments in securities

Impairment of available for sale securities

Financial liabilities

Recognition, disposal and measurement

Offsetting of financial instruments

(d) Loans

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Vehicles

Credit card

Personal

Mortgage

Leases

Debt commitments and guarantees

(e) Allowance for impairment of financial assets

Loans assessed collectively

Allowance model for homogeneous loans (SMEs, vehicles, personal, credit cards, mortgage and leases)

Loans assessed individually

Allowance Model of Corporate Loans with Impairment Allowance Model of Individually Significant without Impairment

Impairment reversal

Restructured loans

Impaired loans acquired

Allowance for losses in loans and off-balance sheet commitments (f) Foreclosed assets (g) Derivative financial instruments and hedge accounting

Cash flow hedges

Derivatives not designated for hedge accounting

Embedded derivatives

(h) Recognition of the most significant income and expenses

Interest income and expenses

Fees and commissions

Loyalty programs

(i) Cash and cash equivalents (j) Property, furniture and equipment and depreciation method used Implementation strategy

Classification and Measurement - Financial Assets

Business Model Assessment

Assessment if contractual cash flows are solely payments of principal and interest. Assessment of the impact of the preliminary classification of financial assets

Impairment of Financial Assets

Measuring ECL

Definition of Impairment

Significant Increase in Credit Risk

Grading by Credit Risk Categories

Generating the Structure of the PD term

Determine if the credit risk has increased significantly

Modified Financial Assets

Inputs in Measuring ECL

Projection of Future Conditions

Preliminary Assessment of the Impact of the Change in the loss provisions model due to Impairment of Financial Instruments

Disclosures

Impact on capital planning

Transition

(a) Credit Risk

Information on the portfolio's quality

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[PDF] BAC INTERNATIONAL BANK INC. AND SUBSIDIARIES (Panama

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Subsidiaries

Disposal of subsidiaries

Subsidiaries of the Bank

Classification

Investments in securities

Impairment of available for sale securities

Financial liabilities

Recognition, disposal and measurement

Offsetting of financial instruments

Corporate and SME

Vehicles

Credit card

Personal

Mortgage

Leases

Debt commitments and guarantees

Loans assessed collectively

Loans assessed individually

Impairment reversal

Restructured loans

Impaired loans acquired

Cash flow hedges

Derivatives not designated for hedge accounting

Embedded derivatives

Interest income and expenses

Fees and commissions

Loyalty programs

Classification and Measurement - Financial Assets

Business Model Assessment

Impairment of Financial Assets

Measuring ECL

Definition of Impairment

Significant Increase in Credit Risk

Grading by Credit Risk Categories

Generating the Structure of the PD term

Modified Financial Assets

Inputs in Measuring ECL

Projection of Future Conditions

Disclosures

Impact on capital planning

Transition

Information on the portfolio's quality

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