Cleaning-up Bank Balance Sheets : Economic, Legal, and Supervisory Measures for Italy /

To stabilize and bring down nonperforming loans (NPLs) in the Italian banking system, the Italian authorities have been implementing a number of reforms, aimed among others at speeding up insolvency and enforcement proceedings, strengthening bank corporate governance, cleaning up balance sheets, and...

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Detalles Bibliográficos
Autor principal: Garrido, Jose
Otros Autores: Kopp, Emanuel, Weber, Anke
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2016.
Colección:IMF Working Papers; Working Paper ; No. 2016/135
Acceso en línea:Full text available on IMF
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245 1 0 |a Cleaning-up Bank Balance Sheets :   |b Economic, Legal, and Supervisory Measures for Italy /  |c Jose Garrido, Emanuel Kopp, Anke Weber. 
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520 3 |a To stabilize and bring down nonperforming loans (NPLs) in the Italian banking system, the Italian authorities have been implementing a number of reforms, aimed among others at speeding up insolvency and enforcement proceedings, strengthening bank corporate governance, cleaning up balance sheets, and facilitating bank consolidation. This paper examines the Italian banking system's NPL problem, which ties up capital, weighing on bank profitability and authorities' economic reforms. It argues for a comprehensive approach, encompassing economic, supervisory, and legal measures. The authorities' reforms are important steps toward this end. The paper describes measures that could further support their actions. 
538 |a Mode of access: Internet 
700 1 |a Kopp, Emanuel. 
700 1 |a Weber, Anke. 
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