IMFBlog2019-03-15T13:36:14-04:00October 31, 2017|
By Kimberly Beaton and Inci Otker
October 31, 2017
The global financial crisis has left high levels of problem loans in the Caribbean (image: William Potter/iStock by Getty Images).
The global financial crisis and subsequent economic recession saddled banks in the Caribbean with high levels of problem loans. The share of nonperforming loans to total loans more than tripled in many Caribbean countries from 2007 to 2016, and […]
IMFBlog2019-03-25T10:16:28-04:00August 30, 2017|
By John Caparusso, Rohit Goel and Will Kerry
August 30, 2017
Versions in Español (Spanish), Deutsche (German), Français (French)
A woman withdraws money from an automated teller machine in Italy: Some European banks have too many branches relative to assets (photo: Martin Moxter imageBROKER/Newscom)
European banking has made considerable progress in the past few years: Banks have built up capital, regulation is stronger and supervision has been enhanced. […]
IMFBlog2019-03-27T10:13:21-04:00April 13, 2016|
By José Viñals
Versions in عربي (Arabic), 中文 (Chinese), Français (French), 日本語 (Japanese), Русский (Russian), and Español (Spanish)
Over the last six months, global financial stability risks increased as a result of the following developments:
IMFBlog2019-03-27T14:03:21-04:00November 23, 2015|
by Jean Portier and Luca Sanfilippo
A stock in excess of €900 billion of nonperforming loans continue to clutter the European banking system, impeding economic growth. This issue remains a key challenge for policy makers. As we show in our latest Global Financial Stability Report, part of the solution to address this legacy is an upgrade in legal systems. Current inefficiencies—long foreclosure times and insolvency procedures—are a reason for the gap between the value of loans on bank balance sheets and the price investors are willing to pay. A reliable legal environment and an efficient […]
IMFBlog2019-03-27T15:07:47-04:00September 24, 2015|
By Shekhar Aiyar and Anna Ilyina
Problem loans are clogging the arteries of Europe’s banking system. The global financial crisis and subsequent recession have left businesses and households in many countries with debts that they cannot repay. Nonperforming loans as a share of total loans in the EU have more than doubled since 2009, reaching €1 trillion—over 9 percent of the region’s GDP—by end-2014. These loans are particularly high in the southern part of the euro area, as well as in several Eastern and Southeastern European countries. Only a handful of countries have managed to lower […]
IMFBlog2017-04-14T01:44:57-04:00March 31, 2015|
By Yan Liu, Kenneth Kang, Dermot Monaghan, and Wolfgang Bergthaler
Six years after the global financial crisis, Europe continues to be weighed down by high levels of corporate debt and millions of nonperforming loans. Small and medium-sized enterprises (SMEs) bear a disproportionately heavy burden. Their nonperforming loan ratios are on average more than double those of their larger corporate cousins. This is worrisome. SMEs are the lifeblood of the European economy, comprising 99 percent of all businesses and employing nearly two of every three workers in […]
IMFBlog2017-04-15T14:03:55-04:00September 10, 2012|
By Bas B. Bakker and Christoph Klingen
With all eyes on the euro area, it is easy to forget that only a few years ago the emerging economies of Europe, from the Baltic to the Black Sea, went through a deep economic and financial crisis. This crisis is the topic of a new book that we will introduce to the public this week in Bucharest, London, and Vienna.
One lesson is that your best chance to prevent deep crises is forcefully addressing booms before they get out of hand. Another is that even […]
IMFBlog2017-04-15T14:04:55-04:00July 16, 2012|
IMFBlog2017-04-15T14:07:03-04:00June 13, 2012|
