Displaying 211 - 220 of 378

Assessing the Effectiveness of Banking Sector Nonperforming Loan Resolution Policies and Measures

11 February 2020
Previous financial crises have demonstrated the long-lasting negative impact NPLs can have on financial stability and the economy, as the effects of elevated NPL levels persist beyond crisis periods. Consequently, the identification of policy options to effectively manage and respond to a buildup…

Do Nonperforming Loans Matter for Bank Lending and the Business Cycle in Euro Area Countries?

11 February 2020
This paper estimated the impact of NPLs on bank lending and macroeconomic conditions in twelve euro area countries using a panel Bayesian VAR model. Among the paper’s main findings were that i) an exogenous increase in the change in NPL ratios tends to depress bank lending volumes, widen bank…

Country Case Studies on Resolving Problem Loans in Europe: Crises, Policies and Institutions

11 February 2020
This paper featured European country case studies and drew possible policy lessons for Asia regarding NPL resolution and NPL market development, with a focus on national policy choices in response to the rise in NPLs and excess private debt following the global financial crisis. It also assessed…

NPLs in Mongolia and the Policy Implications

10 February 2020
The speaker provided an overview of Mongolia’s experience with nonperforming loans and the interventions of development partners. The measures taken under the IMF and ADB programs helped strengthen the overall banking system, with important reforms taken in the direction of banking sector…

NPL Strategy: The Case of Thailand

10 February 2020
The presentation elaborated on initiatives such as multiple-creditor out-of-court workout schemes and public AMCs, taken by Thailand to resolve the debts. Among the many initiatives launched, the Corporate Debt Restructuring Advisory Committee was considered as key. The committee’s definitive…

Bank Non-Performing Loans (NPLs) Management and Resolution: The Case of the Philippines

10 February 2020
The presentation highlights the approach taken by the Bangko Sentral ng Pilipinas (BSP) to respond to NPLs in the Philippines. The bank NPL management and resolution since the Asian financial crisis has been a combination of legislative measures, policies, and reforms. The legal and regulatory…

Nonperforming Loans in Asia: Issues and Challenges

10 February 2020
The presentation highlighted the key issues and challenges in tackling non-performing loans (NPLs) in Asia. One of the key issues is that there are feedback effects between NPLs and macroeconomic indicators which are transmitted through various channels of financial spillovers across borders. Hence…

Strategies for Developing Asia’s NPL Markets and Resolution Mechanisms

10 February 2020
The paper proposed frameworks and strategies for developing NPL markets at national and regional levels in the Asia Pacific region, with a view to strengthening financial resilience and promoting financial development. The significance of a large and sustained buildup of NPLs was underlined as an…

The Resolution of NPLs in the Euro Area

10 February 2020
The paper outlined the extent and examined the factors underlying the NPL problem in the euro area. Over a decade after the global financial crisis, a large stock of nonperforming loans continues to be an important concern in the euro area, with 114 euro area banking institutions holding 759…

Overstating Moral Hazard: Lessons from Two Decades of Banking Crises

10 February 2020
This paper surveyed approaches to the resolution of nonperforming loans in the context of major banking crises over the past two decades. It also explored particular country experiences and responses in-depth, including the effect of the Asian financial crisis on the banking sectors of the Republic…