Tackling Small and Medium Enterprise Problem Loans in Europe

Tackling Small and Medium Enterprise Problem Loans in Europe PDF Author:
Publisher:
ISBN: 9781475552263
Category :
Languages : en
Pages :

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Tackling Small and Medium Enterprise Problem Loans in Europe

Tackling Small and Medium Enterprise Problem Loans in Europe PDF Author:
Publisher:
ISBN: 9781475552263
Category :
Languages : en
Pages :

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Book Description


Tackling Small and Medium Enterprise Problem Loans in Europe

Tackling Small and Medium Enterprise Problem Loans in Europe PDF Author: Mr.Wolfgang Bergthaler
Publisher: International Monetary Fund
ISBN: 1475551592
Category : Business & Economics
Languages : en
Pages : 36

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Book Description
The global financial crisis has left a large private sector debt overhang and high levels of non- performing loans (NPLs) in several European countries. Small and medium-size enterprises (SMEs) represent a significant and weak segment of the nonfinancial corporate sector. SMEs face a number of legal, financial, and regulatory challenges to restructuring that differ from those of larger corporates, such as a rigid and costly insolvency regime, a higher fixed cost to loan restructuring, and the lack of alternative sources of financing. Given SMEs’ large presence and close links to the banking system, addressing the SME loan problem in Europe will be critical for strengthening bank and corporate balance sheets and supporting a more robust and sustained recovery.

Tackling Small and Medium Enterprise Problem Loans in Europe

Tackling Small and Medium Enterprise Problem Loans in Europe PDF Author: Mr.Wolfgang Bergthaler
Publisher: International Monetary Fund
ISBN: 1498384838
Category : Business & Economics
Languages : en
Pages : 36

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Book Description
The global financial crisis has left a large private sector debt overhang and high levels of non- performing loans (NPLs) in several European countries. Small and medium-size enterprises (SMEs) represent a significant and weak segment of the nonfinancial corporate sector. SMEs face a number of legal, financial, and regulatory challenges to restructuring that differ from those of larger corporates, such as a rigid and costly insolvency regime, a higher fixed cost to loan restructuring, and the lack of alternative sources of financing. Given SMEs’ large presence and close links to the banking system, addressing the SME loan problem in Europe will be critical for strengthening bank and corporate balance sheets and supporting a more robust and sustained recovery.

Insolvency Prospects Among Small-and-Medium-Sized Enterprises in Advanced Economies

Insolvency Prospects Among Small-and-Medium-Sized Enterprises in Advanced Economies PDF Author: Mr.Federico J Diez
Publisher: International Monetary Fund
ISBN: 1513574566
Category : Business & Economics
Languages : en
Pages : 29

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Book Description
The COVID-19 pandemic has increased insolvency risks, especially among small and medium enterprises (SMEs), which are vastly overrepresented in hard-hit sectors. Without government intervention, even firms that are viable a priori could end up being liquidated—particularly in sectors characterized by labor-intensive technologies, threatening both macroeconomic and social stability. This staff discussion note assesses the impact of the pandemic on SME insolvency risks and policy options to address them. It quantifies the impact of weaker aggregate demand, changes in sectoral consumption patterns, and lockdowns on firm balance sheets and estimates the impact of a range of policy options, for a large sample of SMEs in (mostly) advanced economies.

Nonperforming Loans in Asia and Europe—Causes, Impacts, and Resolution Strategies

Nonperforming Loans in Asia and Europe—Causes, Impacts, and Resolution Strategies PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292691163
Category : Business & Economics
Languages : en
Pages : 262

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Book Description
High and persistent levels of nonperforming loans (NPLs) have featured prominently in recent financial crises. This book traces NPL trends during and after crises, examines the economic impact of high NPLs, and compares the effectiveness of NPL resolution strategies across economies in Asia and Europe. The book distills important lessons from the experiences of economies using case studies and empirical investigation of ways to resolve NPLs. These findings can be invaluable in charting 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.

UNCITRAL Model Law on Secured Transactions

UNCITRAL Model Law on Secured Transactions PDF Author: United Nations Commission on International Trade Law
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 96

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Book Description
The "Model Law" deals with security interests in all types of tangible and intangible movable property, such as goods, receivables, bank accounts, negotiable instruments, negotiable documents,

A Strategy for Developing a Market for Nonperforming Loans in Italy

A Strategy for Developing a Market for Nonperforming Loans in Italy PDF Author: Nadège Jassaud
Publisher: International Monetary Fund
ISBN: 1484381106
Category : Business & Economics
Languages : en
Pages : 31

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Book Description
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.

Resolving Nonperforming Loans in Sub-Saharan Africa in the Aftermath of the COVID-19 Crisis

Resolving Nonperforming Loans in Sub-Saharan Africa in the Aftermath of the COVID-19 Crisis PDF Author: Luc Eyraud
Publisher: International Monetary Fund
ISBN: 1513576518
Category : Business & Economics
Languages : en
Pages : 85

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Book Description
Sub-Saharan African countries are facing an unprecedented health and economic crisis that is likely to severely hurt credit quality and raise non-performing loans from already high levels. Banks have a critical role to play not only during the crisis by providing temporarily relief to businesses and households, but also during the recovery by supporting economic activity and facilitating the structural transformations engaged by the pandemic.

The New Basel Capital Accord and SME Financing

The New Basel Capital Accord and SME Financing PDF Author: Rym Ayadi
Publisher: Centre for European Policy Studies
ISBN:
Category : Business & Economics
Languages : en
Pages : 124

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Book Description
The First Basel Capital Accord, implemented in 1988, was aimed at ensuring the soundness and stability of the international banking system. The new accord, Basel II, which is planned for implementation in December 2006, is intended to strengthen the framework for dealing with credit risk. This book provides an informative analysis of what Basel II means for the small and medium-sized enterprize (SME) sector in Europe and its impact on its credit financing conditions. It also presents a detailed analysis of how banks formulate an internal rating system and illustrates how this system works in practice. Finally, it concludes with the key measures that should be taken by banks, SMEs, and public policymakers to improve financing in the new rating culture.

Global Financial Development Report 2014

Global Financial Development Report 2014 PDF Author: World Bank Group
Publisher: World Bank Publications
ISBN: 0821399853
Category : Business & Economics
Languages : en
Pages : 226

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Book Description
The second issue in a new series, Global Financial Development Report 2014 takes a step back and re-examines financial inclusion from the perspective of new global datasets and new evidence. It builds on a critical mass of new research and operational work produced by World Bank Group staff as well as outside researchers and contributors.