Country Case Studies on Resolving Problem Loans in Asia: Crises, Policies, Institutions, and Market Development

Event: ADB-ECB Workshop on NPL Resolution in Asia and Europe

Country Case Studies on Resolving Problem Loans in Asia: Crises, Policies, Institutions, and Market Development

11 February 2020

Author / Speaker:

Junkyu Lee, Asian Development Bank - Email the author | Other materials by the author

This paper featured case studies of NPL reduction frameworks and policies implemented by ASEAN+3 countries during and after the Asian financial crisis. An analysis of country experiences of legal, regulatory, and supervisory framework institutional capacity and corporate debt restructuring reforms showed that the measures also facilitated the operation of AMCs. The policy considerations for Asia include strengthening existing frameworks, developing an NPL market, and enhancing regional financial cooperation and integration to identify and mitigate possible spillovers and contagion from cross-border activities.

Geographical Focus:

Regional - Asia

Type of Content:

Learning Event

Disclaimer

The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.