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Abstract
IFRS 9 requires recognizing impairment of all financial assets held at amortized cost and at fair value through other comprehensive income, in the amount of expected credit loss. For this purpose two approaches followed they are general approach and simplified approach. My paper presents the model of application of expected credit loss. A detailed study and analysis is performed for the purpose of application of ECL model, Punjab National Bank Annual report 2018-19 is used.