PET - Plain English Taxonomy

Attribute: BSAO11097
Label: Impairment: Loans and Advances - Credit Cards
Concept Guidance:
This is the value of provisions for impairment in relation to credit card balances receivable by the reporting party as at the relevant date.A credit card is a card whose holder has been granted a revolving credit line up to a pre-arranged limit. 
Dimension Member Description
This dimension categorises the reported data according to the type of counterparty the entity has transacted with.
The counterparty in relation to the information is an individual, or group of individuals, whose dealings with the reporting party are for personal or household purposes. This does not include circumstances in which the counterparty is dealing with the reporting party in relation to a business or enterprise, regardless of how that business or enterprise is structured.
This dimension identifies the type of impairment
The value reported relates to a specific provision for impairment in respect of the asset in accordance with prudential standards. Specific provisions are provisions for identified loans that the institution does not expect to be repaid, this is different to general reserves for credit losses.
Information in relation to the intended purpose of the counterparty in regards to loan agreements entered into by the entity.
Information in relation to loans where the funds are not used for the purchase, renovation or development of residential property.