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Book Cover
E-book
Author Garrido, José María, 1965- author, (IMF staff)

Title Cleaning-up bank balance sheets : economic, legal, and supervisory measures for Italy / prepared by José Garrido, Emanuel Kopp, and Anke Weber
Published [Washington, D.C.] : International Monetary Fund, [2016]
©2016

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Description 1 online resource (33 pages) : color illustrations
Series IMF working paper ; WP/16/135
IMF working paper ; WP/16/135.
Summary To stabilize and bring down nonperforming loans (NPLs) in the Italian banking system, the Italian authorities have been implementing a number of reforms, aimed among others at speeding up insolvency and enforcement proceedings, strengthening bank corporate governance, cleaning up balance sheets, and facilitating bank consolidation. This paper examines the Italian banking system's NPL problem, which ties up capital, weighing on bank profitability and authorities' economic reforms. It argues for a comprehensive approach, encompassing economic, supervisory, and legal measures. The authorities' reforms are important steps toward this end. The paper describes measures that could further support their actions
Notes "July 2016."
At head of title: International Monetary Fund, European Department
Bibliography Includes bibliographical references (pages 28-30)
Notes Description based on online resource; title from pdf title page (IMF.org Web site, viewed September 12, 2016)
Subject Bank loans -- Italy
Financial statements -- Italy
Banking law -- Italy
Bank loans
Banking law
Financial statements
Italy
Form Electronic book
Author Kopp, Emanuel, author, (IMF staff)
Weber, Anke, 1981- author, (IMF staff)
International Monetary Fund, publisher.
International Monetary Fund. European Department, issuing body.
ISBN 9781498357036
1498357032