European Union: Publication of Financial Sector Assessment Program Documentation—Technical Note on Progress with Bank Restructuring and Resolution in Europe

March 15, 2013

Preview Citation

Format: Chicago

European Union: Publication of Financial Sector Assessment Program Documentation—Technical Note on Progress with Bank Restructuring and Resolution in Europe, (USA: International Monetary Fund, 2013) accessed December 22, 2024

Summary

This article is an analysis on the restructuring banking system of the European Union. The global financial crisis created the need to restructure by immensely reflecting weaknesses in the public, households, corporate, and other financial sectors. The restructuring includes the strengthening of bank resolution tools, the activation of nonperforming loans, the maintenance of macrofinancial framework, recovery of market access, and so on. The Executive Board recommends this transition of the European Union because this paves the way to financial stability globally.

Subject: Bank resolution, Bank resolution framework, Banking, External balance assessment (EBA), External position, Financial crises, Financial institutions, Financial sector policy and analysis, Financial sector stability, Nonperforming loans

Keywords: Asset, Bank, Bank resolution, Bank resolution, Bank resolution framework, Bridge bank, CR, EU banking assets, EU country, EU government, Europe, External balance assessment (EBA), Financial sector stability, Global, IMF EU FSAP FSSA, ISCR, Nonperforming loans, Resolution directive, Restructuring plan, RWAs calculation

Publication Details

Pages:

26
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/067
Stock No:

1EUREA2013003
ISBN:

9781475559996
ISSN:

1934-7685

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