A Strategy for Resolving Europe's Problem Loans

Mr.Shekhar Aiyar‏ · Mr.Wolfgang Bergthaler‏ · Jose M Garrido‏ · Ms.Anna Ilyina‏ · Andreas Jobst‏ · Mr.Kenneth Kang‏ · Dmitriy Kovtun‏ · Ms.Yan Liu‏ · Mr.Dermot Monaghan‏ · Ms.Marina Moretti‏

سبتمبر 2015 · International Monetary Fund

معلومات عن هذا الكتاب الإلكتروني

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.

نبذة عن المؤلف

José M. Garrido holds a Ph.D. in information technology from George Mason Universitys School of Information Technology and Engineering. Garrido is an assistant professor of computer science at Davis and Elkins College in Elkins, WV.