ADB-ECB Workshop on NPL Resolution in Asia and Europe

Events

ADB-ECB Workshop on NPL Resolution in Asia and Europe

10 February 2020 to 11 February 2020
Manila
Philippines

Previous financial crises have demonstrated the long-lasting negative impact nonperforming loans (NPLs) can have on financial stability and the economy. While the 1997/98 Asian financial crisis was a watershed moment for many Asian economies’ financial systems, the economic impacts of elevated NPL levels persisted well beyond the crisis period. The euro area’s more recent experience also illustrates the systemic and negative impact large NPLs can have on all economies in a region. Against this background, this workshop examined the macro-financial implications of NPLs, highlighted country case studies, and discussed policy lessons for the development of NPL resolution strategies in Asia and Europe.

 

Program and Learning Materials: 
Date Session / Activity Presentation Material Speaker(s)
10 Feb 2020 Opening Session Welcome Remarks Cyn-Young Park
10 Feb 2020 Opening Session Opening Remarks Maciej Grodzicki
10 Feb 2020 Keynote Presentation Nonperforming Loans in Asia: Issues and Challenges
The presentation highlighted the key issues and challenges in tackling non-performing loans (NPLs) in Asia. One of the key issues is that...
Bambang Susantono
10 Feb 2020 Session 1: Policy Strategies for NPL Resolution and NPL Market Development The Resolution of NPLs in the Euro Area
The paper outlined the extent and examined the factors underlying the NPL problem in the euro area. Over a decade after the global...
Maciej Grodzicki, Reiner Martin
10 Feb 2020 Session 1: Policy Strategies for NPL Resolution and NPL Market Development Strategies for Developing Asia’s NPL Markets and Resolution Mechanisms
The paper proposed frameworks and strategies for developing NPL markets at national and regional levels in the Asia Pacific region, with...
Daekeun Park
10 Feb 2020 Session 2: NPL Resolution Mechanisms and Their Effectiveness Overstating Moral Hazard: Lessons from Two Decades of Banking Crises
This paper surveyed approaches to the resolution of nonperforming loans in the context of major banking crises over the past two decades...
Douglas Arner
10 Feb 2020 Session 2: NPL Resolution Mechanisms and Their Effectiveness Assessing the Effectiveness of Banking Sector Nonperforming Loan Resolution Policies and Measures
Previous financial crises have demonstrated the long-lasting negative impact NPLs can have on financial stability and the economy, as the effects...
Daekeun Park
10 Feb 2020 Policy Panel: Financial Stability, Resilience, and NPL Resolution Bank Non-Performing Loans (NPLs) Management and Resolution: The Case of the Philippines
The presentation highlights the approach taken by the Bangko Sentral ng Pilipinas (BSP) to respond to NPLs in the Philippines. The bank NPL ...
Chuchi Fonacier
10 Feb 2020 Policy Panel: Financial Stability, Resilience, and NPL Resolution NPL Strategy: The Case of Thailand
The presentation elaborated on initiatives such as multiple-creditor out-of-court workout schemes and public AMCs, taken by Thailand...
Tharith Panpiemras
10 Feb 2020 Policy Panel: Financial Stability, Resilience, and NPL Resolution ECB's Contribution to Resolution of NPLs in the Euro Area
This presentation illustrated ECB’s contribution to NPL resolution in the Euro area. Key among these was the implementation of the Single...
Maciej Grodzicki
10 Feb 2020 Policy Panel: Financial Stability, Resilience, and NPL Resolution NPLs in Mongolia and the Policy Implications
The speaker provided an overview of Mongolia’s experience with nonperforming loans and the interventions of development partners. ...
Xiaoqin Fan
Date Session / Activity Presentation Material Speaker(s)
11 Feb 2020 Session 3: Country Cases of NPL Resolution and Macrofinancial Implications of NPLs – Europe Do Nonperforming Loans Matter for Bank Lending and the Business Cycle in Euro Area Countries?
This paper estimated the impact of NPLs on bank lending and macroeconomic conditions in twelve euro area countries using a panel Bayesian...
Reiner Martin
11 Feb 2020 Session 3: Country Cases of NPL Resolution and Macrofinancial Implications of NPLs – Europe Country Case Studies on Resolving Problem Loans in Europe: Crises, Policies and Institutions
This paper featured European country case studies and drew possible policy lessons for Asia regarding NPL resolution and NPL market...
Alexander Lehmann
11 Feb 2020 Session 4: Country Cases of NPL Resolution and Macrofinancial Implications of NPLs – Asia Nonperforming Loans in Asia: Determinants & Macrofinancial Linkages
Asian economies have seen recent rises in nonperforming loans. This paper analyzed the determinants, macrofinancial feedback effects, and...
Peter Rosenkranz, Junkyu Lee
11 Feb 2020 Session 4: Country Cases of NPL Resolution and Macrofinancial Implications of NPLs – Asia Country Case Studies on Resolving Problem Loans in Asia: Crises, Policies, Institutions, and Market Development
This paper featured case studies of NPL reduction frameworks and policies implemented by ASEAN+3 countries during and after the Asian financial...
Junkyu Lee

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