Non-Performing Loans in the ECCU : Determinants and Macroeconomic Impact /

This paper assesses the determinants of NPLs in the Eastern Caribbean Currency Union (ECCU) and whether a deterioration in asset quality may result in negative feedback effects from the banking system to economic activity. The results suggest that the deterioration in asset quality can be attributed...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Beaton, Kimberly
अन्य लेखक: Myrvoda, Alla, Thompson, Shernnel
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2016.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2016/229
ऑनलाइन पहुंच:Full text available on IMF
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100 1 |a Beaton, Kimberly. 
245 1 0 |a Non-Performing Loans in the ECCU :   |b Determinants and Macroeconomic Impact /  |c Kimberly Beaton, Alla Myrvoda, Shernnel Thompson. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2016. 
300 |a 1 online resource (33 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper assesses the determinants of NPLs in the Eastern Caribbean Currency Union (ECCU) and whether a deterioration in asset quality may result in negative feedback effects from the banking system to economic activity. The results suggest that the deterioration in asset quality can be attributed to both macroeconomic and bank-specific factors. Banks with stronger profitability and lower exposure to the construction sector and household loans tend to have lower NPLs. Further, some evidence indicates that foreign owned banks systematically have lower NPLs than domestic banks, pointing to the presence of important differences across bank practices with an impact on asset quality. Finally, the results emphasize the strength of macrofinancial feedback loops in the ECCU. 
538 |a Mode of access: Internet 
700 1 |a Myrvoda, Alla. 
700 1 |a Thompson, Shernnel. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2016/229 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2016/229/001.2016.issue-229-en.xml  |z IMF e-Library