Nonperforming Loans in Asia and Europe-Causes, Impacts, and Resolution Strategies
| Author | : Asian Development Bank |
| Publisher | : |
| Total Pages | : 314 |
| Release | : 2021-12-02 |
| ISBN-10 | : 9292691155 |
| ISBN-13 | : 9789292691158 |
| Rating | : 4/5 (158 Downloads) |
Download or read book Nonperforming Loans in Asia and Europe-Causes, Impacts, and Resolution Strategies written by Asian Development Bank and published by . This book was released on 2021-12-02 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book traces trends in nonperforming loans (NPLs) during and after financial crises in Asia and Europe. It examines the impact of high NPLs, compares the effectiveness of resolution strategies, and explores policy considerations. The volume highlights the need for decisive and comprehensive policy action to help manage NPLs swiftly. It explores the legal and economic conditions conducive to NPL resolution, the role of asset management companies, the potential of technological solutions, and the importance of regional financial cooperation. It provides insights to help policy makers chart a course through the financial and economic fallout of the coronavirus disease (COVID-19) pandemic to recovery and sustained financial stability in Asia, Europe, and beyond. The publication is a collaborative project of the Asian Development Bank, the European Central Bank, and the Joint Vienna Institute.
Top