Search Results - subject:"Bank Restructuring"

Cyprus: Third Review Under the Extended Arrangement Under the Extended Fund Facility and Request for Modification of Performance Criteria-Staff Report; Press Release; and Statement by the Executive Director

International Monetary Fund (IMF); International … - 2014

Cyprusâ€™s Third Review Under the Extended Arrangement Under the Extended Fund Facility focuses on strong ownership and implementation of its program. Despite the difficult environment in which the authorities operate, the political commitment remains strong while every effort is being made...

Persistent link: https://www.econbiz.de/10011244766

Tunisia: Fifth Review Under the Stand-By Arrangement, Request for Modification of Performance Criteria, and Rephasing of Access-Staff Report; Press Release; and Statement by the Executive Director for Tunisia

International Monetary Fund (IMF); International … - 2014

EXECUTIVE SUMMARY Context. On June 7, 2013, the Executive Board approved a 24-month Stand-By Arrangement in an amount equivalent to 400 percent of quota (SDR 1.146 billion or about $1.75 billion). To date, SDR 716.25 million, equivalent to $1.1 billion, has been disbursed. Background. Tunisia is...

Persistent link: https://www.econbiz.de/10011244790

Malawi: Third and Fourth Reviews Under the Extended Credit Facility Arrangement, Request for Waivers for Non-observance of Performance Criteria, Extension of the Arrangement, Rephasing of Disbursements, and Modification of Performance Criteria-Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Malawi

International Monetary Fund (IMF); International … - 2014

This paper focuses on Malawiâ€™s Third and Fourth Reviews Under the Extended Credit Facility (ECF) Arrangement. Donors have suspended some aid disbursements to Malawi in response to a scandal involving the theft of public funds. Recovery is under way in many sectors of the economy,...

Persistent link: https://www.econbiz.de/10011245022

Côte d’Ivoire: Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Requests for Modification of Performance Criteria and Extension of the Current Arrangement; Staff Report and Press Release

International Monetary Fund (IMF); International … - 2014

This paper discusses Côte d’Ivoire’s Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility (ECF) and Requests for Modification of Performance Criteria (PC) and Extension of the Current Arrangement. Program performance has been strong. All end-December PCs and all...

Persistent link: https://www.econbiz.de/10011245510

Spain: Financial Sector Reformâ€”Final Progress Report

International Monetary Fund (IMF); International … - 2014

This paper discusses key findings of the progress report on financial sector reforms in Spain. Spainâ€™s European Stability Mechanism (ESM)-supported program of financial sector reform aimed to assist economic recovery by promoting financial stability. The program was adopted in mid-2012....

Persistent link: https://www.econbiz.de/10011245805

Recessions after Systemic Banking Crises: Does it matter how Governments intervene?

van Wijnbergen, Sweder; Homar, Timotej - 2013

perspective, in particular how do they affect recession duration? We find that bank restructuring, which includes bank … performance. Our theoretical analysis focuses on bank incentives to manage bad loans. We show that interventions involving bank … restructuring provide banks with incentives to restructure bad loans and free up resources for new economic activity. Other …

Persistent link: https://www.econbiz.de/10010326217

HEAT! A Bank Health Assessment Tool

Ong, Li L.; Jeasakul, Phakawa; Kwoh, Sarah - International Monetary Fund (IMF) - 2013

Developments during the global financial crisis have highlighted the importance of differentiating across financial systems and institutions. Assessments of financial stability have increasingly considered the characteristics of individual banks within a financial system, as well as those with...

Persistent link: https://www.econbiz.de/10011142011

Basel Capital Requirements and Credit Crunch in the MENA Region

Naceur, Sami Ben; Kandil, Magda E. - International Monetary Fund (IMF) - 2013

The 1988 Basel I Accord set the common requirements of bank capital to promote the soundness and stability of the international banking system. The agreement required banks to hold capital in proportion to their perceived credit risks, and this requirement may have caused a “credit crunch,”...

Persistent link: https://www.econbiz.de/10011142023

Credibility and Crisis Stress Testing

Ong, Li L.; Pazarbasioglu, Ceyla - International Monetary Fund (IMF) - 2013

Credibility is the bedrock of any crisis stress test. The use of stress tests to manage systemic risk was introduced by the U.S. authorities in 2009 in the form of the Supervisory Capital Assessment Program. Since then, supervisory authorities in other jurisdictions have also conducted similar...

Persistent link: https://www.econbiz.de/10011142183

Bank Resolution Costs, Depositor Preference, and Asset Encumbrance

Hardy, Daniel C. - International Monetary Fund (IMF) - 2013

Depositor preference and collateralization of borrowing may reduce the cost of settling the conflicts among creditors that arises in case of resolution or bankruptcy. This net benefit, which may be capitalized into the value of the bank rather than affect creditors’ expected returns, should...

Persistent link: https://www.econbiz.de/10011123844