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Hence lessors need to consider, that IFRS 9 is valid for leasing contracts, too. This This leads to the situation that companies - – independant if they are financial institutes - – need to calculate "Probability weighted expected credit losses" in case they offer leasing against their own capital.
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This includes segmentation, staging and applying the appropriate models for ECL - calculation.
From this point of view for financial leasing contracts the IFRS process chain needs to be applied similar for loan contracts.
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