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Republic of San Marino
Statistical Office of the European Communities
其他書名
Selected Issues
出版
International Monetary Fund
, 2016-05-10
主題
Business & Economics / Banks & Banking
Business & Economics / Industries / Financial Services
Business & Economics / Finance / General
ISBN
1475553900
9781475553901
URL
http://books.google.com.hk/books?id=CqZ2DQAAQBAJ&hl=&source=gbs_api
EBook
SAMPLE
註釋
This paper offers elements of a possible strategy to deal with San Marino’s nonperforming loans (NPLs). It provides a brief overview of the reasons behind the accumulation of impaired assets by Sammarinese banks. This paper also presents some stylized facts regarding the nature and composition of San Marino’s problem loans. Further, it summarizes the experience of other small economies in dealing with weak banks and NPLs, with a view to drawing policy lessons. This paper also discusses recent measures implemented by the Sammarinese authorities to address weak financial institutions and their problem assets and examines the main impediments to deal with NPLs in San Marino’s legal and tax framework.