The Impact of Nonperforming Loans on Cross-Border Bank Lending: Implications for Emerging Market Economies

Simple item page
dc.contributor.authorCyn-Young Park, Kwanho Shin
dc.date.accessioned2021-10-05T15:06:21Z
dc.date.available2021-10-05T15:06:21Z
dc.date.issued2020-06
dc.descriptionThis brief suggests how policy makers can tackle the likely rise in nonperforming loans (NPLs) as a result of the coronavirus disease (COVID-19) pandemic to prevent a debt crisis. This brief investigates the role of NPLs in cross-border bank lending by globally active banks in advanced economies. It notes that rising NPLs could trigger global banks’ withdrawal from emerging economies: during 2000–2017, globally active lenders withdrew capital from emerging market borrowers when NPLs rose. The brief emphasizes how early and even preemptive responses are crucial to addressing NPL problems. Recommendations include acting early to preempt corporate defaults, accelerating insolvency reforms, and developing distressed debt markets.
dc.format.extent10
dc.identifier.isbn9789292622343
dc.identifier.isbn9789292622350
dc.identifier.issn2071-7202
dc.identifier.issn2218-2675
dc.identifier.urihttps://www.adb.org/publications/nonperforming-loans-cross-border-lending
dc.identifier.urihttps://hdl.handle.net/20.500.14540/5785
dc.subject.otherEconomic data
dc.subject.otherEconomics
dc.subject.otherFinance
dc.titleThe Impact of Nonperforming Loans on Cross-Border Bank Lending: Implications for Emerging Market Economies
local.publication.countryRegional - Asia and the Pacific

Files

Collections

ADB Collections