Lessons From Systemic Bank Restructuring: A Survey of 24 Countries

By Ceyla Pazarbasioglu, Claudia H Dziobek

December 1, 1997

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Ceyla Pazarbasioglu, and Claudia H Dziobek. Lessons From Systemic Bank Restructuring: A Survey of 24 Countries, (USA: International Monetary Fund, 1997) accessed November 12, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

In recent decades, a wide range of countries have experienced banking problems. Their approaches to systemic bank restructuring have varied substantially. This paper analyzes a representative sample of 24 countries and provides a summary of policies judged to be successful. The sample countries were ranked by relative progress in resolving banking sector problems. Based on this ranking, the paper examines the effectiveness of institutional and regulatory measures, assesses the impact of accompanying macroeconomic policies, and examines the extent to which particular restructuring instruments contributed to success. Special emphasis is given to the role of the central bank.

Subject: Bank credit, Bank resolution, Banking, Commercial banks, Financial crises, Financial institutions, Loans, Money, Nonperforming loans, Tax incentives

Keywords: Africa, Asia and Pacific, Bank, Bank borrower, Bank credit, Bank management, Bank performance, Bank resolution, Bank restructuring activity, Bank restructuring measure, Bank restructuring policy, Bank restructuring strategy, Banks, Central bank, Commercial banks, Cost, Europe, Flow problem, Liabilities fall, Liquidity support, Loan, Loans, Middle East, Nonperforming loans, Rescues, Restructuring, Restructuring operation, Restructuring program, Western Hemisphere, WP

Publication Details

Pages:

29
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 1997/161
Stock No:

WPIEA1611997
ISBN:

9781451857788
ISSN:

1018-5941

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