| Author (Person) | Avgouleas, Emilios, Ayadi, Rym, Bodellini, Marco, Casu, Barbara, de Groen, Willem Pieter, Ferri, Giovanni |
|---|---|
| Author (Corporate) | European Parliament: DG Internal Policies |
| Publisher | European Parliament: European Parliamentary Research Service (EPRS), European Union |
| Series Title | EPRS Studies |
| Series Details | PE 651.386 |
| Publication Date | March 2021 |
| ISBN | 978-92-846-7868-6 |
| EC | QA-03-21-124-EN-N |
| Content Type | Research Paper, Textbook | Monograph |
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Abstract: In the past decade, asset management companies (AMCs) have been an effective tool for relieving banks of large portfolios of non-performing loans (NPLs). Managed over time, AMCs can reduce the financial burden on the overall system. This paper is based on the existing literature and EU experiences of national AMCs created in the aftermath of the global financial crisis. It discusses the advantages and disadvantages of using AMCs, and considers the key elements in their design. Further information: This paper was prepared by the Economic Governance Support Unit (EGOV) at the request of the Committee on Economic and Monetary Affairs (ECON). |
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| Source Link |
https://www.europarl.europa.eu/thinktank/en/document.html?reference=IPOL_STU(2021)651386
Alternative sources
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| Subject Categories | Economic and Financial Affairs |
| Subject Tags | Financial Services |
| Keywords | Non Performing Loan [NPL] |
| International Organisations | European Union [EU] |
