Basel II Disclosures Provide Greater Insight on Banks' Exposure to Credit Deterioration

RBC Capital Markets, 7 April 2009Credit quality deterioration accelerated in 2008 and Q1/09, and we think provisions for credit losses will continue to grow and will likely be the biggest swing factor in bank earnings results in 2009 and 2010. In this report we look at the enhanced disclosure on credit risk exposures that the banks started providing in the last several quarters as a result of