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|z 9781513591278
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|a 2617-6750
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|a BD-DhAAL
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|a Aiyar, Shekhar.
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|a A Strategy for Resolving Europe's Problem Loans /
|c Shekhar Aiyar, Wolfgang Bergthaler, Jose Garrido, Anna Ilyina.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2015.
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|a 1 online resource (79 pages)
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|a Staff Discussion Notes
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a Europe's banking system is weighed down by high levels of non-performing loans (NPLs), which are holding down credit growth and economic activity. This discussion note uses a new survey of European country authorities and banks to examine the structural obstacles that discourage banks from addressing their problem loans. A three pillared strategy is advocated to remedy the situation, comprising: (i) tightened supervisory policies, (ii) insolvency reforms, and (iii) the development of distressed debt markets.
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|a Mode of access: Internet
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|a Bergthaler, Wolfgang.
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|a Garrido, Jose.
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|a Ilyina, Anna.
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|a Staff Discussion Notes; Staff Discussion Notes ;
|v No. 2015/019
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/006/2015/019/006.2015.issue-019-en.xml
|z IMF e-Library
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