Republic of San Marino : Selected Issues.

This paper offers elements of a possible strategy to deal with San Marino's nonperforming loans (NPLs). It provides a brief overview of the reasons behind the accumulation of impaired assets by Sammarinese banks. This paper also presents some stylized facts regarding the nature and composition...

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Autor corporatiu: International Monetary Fund. European Dept
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2016.
Col·lecció:IMF Staff Country Reports; Country Report ; No. 2016/112
Accés en línia:Full text available on IMF
Descripció
Sumari:This paper offers elements of a possible strategy to deal with San Marino's nonperforming loans (NPLs). It provides a brief overview of the reasons behind the accumulation of impaired assets by Sammarinese banks. This paper also presents some stylized facts regarding the nature and composition of San Marino's problem loans. Further, it summarizes the experience of other small economies in dealing with weak banks and NPLs, with a view to drawing policy lessons. This paper also discusses recent measures implemented by the Sammarinese authorities to address weak financial institutions and their problem assets and examines the main impediments to deal with NPLs in San Marino's legal and tax framework.
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Descripció física:1 online resource (30 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Accés:Electronic access restricted to authorized BRAC University faculty, staff and students