Artfidi budget of Lombardy in particular I want to understand the policy of the PA view accontonamenti also note that I take from certification report 2009: "In the notes to the Board of Administration, said that starting next year, if made available adequate background information, historical data and statistics that are currently missing, will consider making a provision
representative the potential economic loss resulting from the deterioration of the final
stranded. "
remember that the past should be subsidiary guarantees and therefore places of potential losses not yet expressed up to liquidation. In essence
suspicion that they are not the general risk provisions PStandby but incurred, thereby distorting the results of which could c.economico dell'ipotizzato be much worse. I remember that PStandby should be equal to 2.66% * 45% for each year of remaining maturity of not properly counter-guarantees. 2.66% is the PD that leads to a weight of 100% when the LGD is 45%. The LGD of 45% is low (compared to a real 75%) because the default is a state of insolvency as anticipated by the company may exit.
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