High and persistent levels of nonperforming loans (NPLs) have featured prominently in recent financial crises. This book traces NPL trends during and after cris
This book traces trends in nonperforming loans (NPLs) during and after financial crises in Asia and Europe. It examines the impact of high NPLs, compares the ef
Addressing the buildup of nonperforming loans (NPLs) in Italy since the global financial crisis will remain a challenge for some time and be important for suppo
Europe’s banking system is weighed down by high levels of non-performing loans (NPLs), which are holding down credit growth and economic activity. This discus