A Strategy for Developing a Market for Nonperforming Loans in Italy
- Nadège Jassaud
- Mr.Kenneth Kang
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Know about the book -
A Strategy for Developing a Market for Nonperforming Loans in Italy is written by Nadège Jassaud and published by International Monetary Fund. It's available with International Standard Book Number or ISBN identification 1484381106 (ISBN 10) and 9781484381106 (ISBN 13).
Addressing the buildup of nonperforming loans (NPLs) in Italy since the global financial crisis will remain a challenge for some time and be important for supporting a sustained, robust economic recovery. The buildup reflects both the prolonged recession as well as structural factors that have held back NPL write-offs by banks. The paper discusses the impediments to NPL resolution in Italy and a strategy for fostering a market for restructuring distressed assets that could support corporate and financial restructuring.
