Bureau van Dijk has updated its privacy policy effective May 25th, 2018. Your continued use of the site constitutes your acknowledgement of the new privacy policy.

Free trial

1 November 2018

New updated BankFocus strengthens financial reporting capabilities

Elliott Holley

Moody’s Analytics BankFocus has been significantly improved, including changes to reflect the new IFRS9 accounting standard, introduced by the International Accounting Standards Board (IASB) this year.

The changes have been introduced to provide greater granularity and clarity. They affect the Global Detailed and WVB IFRS National As Published templates in Moody’s Analytics BankFocus. The updates to financial line items in BankFocus are summarized below.

New line items:

  • IFRS9 new line items
  • non-performing loans as reported by the bank
  • pension and related reserves line item has been added to the balance sheet: equity section to provide more granularity (previously they were included under “Other” reserves)
  • staff benefits fund and related reserves

Consolidation of several existing line items, including:

  • liquid assets (including available for sale and held to maturity)
  • total equity (including hybrid capital)
  • pre-impairment operating profit
  • total financial assets: securities
  • total off-balance sheet exposure

Several revisions to existing line items, including:

  • interest income on cash and balances with central banks
  • capital ratios
  • certificate of deposits and bank overdraft

BankFocus is updated every quarter.

You might be interested in:

Moody’s Analytics BankFocus can help you to research and analyze banks, for counterparty credit risk, portfolio analysis, regulatory reporting and anti-money laundering due diligence.

BankFocus combines renowned content from Bureau van Dijk and Moody's Investors Service with expertise from Moody's Analytics, and offers you a range of access and analysis options including a contemporary interface and integrated workflow solutions.

Sign up for a free trial of BankFocus.

Elliott Holley

Elliott Holley, Content Developer

Elliott is a content developer for Bureau van Dijk. His background includes a decade of experience as a journalist, researcher, conference moderator, website creator and magazine founder on a range of financial services content.

Elliott is a content developer for Bureau van Dijk. His background includes a decade of experience as a journalist, researcher, conference moderator, website creator and magazine founder on a range of financial services content.

bvdi white logo

How Bureau van Dijk can help you

Certainty is a highly-prized commodity in business. Data might be getting bigger all the time, but this only makes extracting value from it more difficult.

In capturing and treating private company information we aim to give you more certainty – and help you make better decisions and work more efficiently.

 

 

Our solutions are designed to help different business challenges and streamline your workflow. Many of our customers blend our information with their own internal data to get a more complete picture of the companies in their ecosystem.

Try our more certain approach –
welcome to the business of certainty.