Author : Asian Development Bank
Publisher : Asian Development Bank
Page : 139 pages
File Size : 48,8 Mb
Release : 2022-10-01
Category : Business & Economics
ISBN : 9789292697907
Road Map for Developing an Online Platform to Trade Nonperforming Loans in Asia and the Pacific by Asian Development Bank Pdf
A sharp increase in nonperforming loans (NPLs) could destabilize financial systems in Asia and the Pacific and compromise post-pandemic economic recovery. This report explains how trading distressed assets could help relieve pressure on banks to ensure they have the capacity to continue financial intermediation. It examines the feasibility of establishing an electronic marketplace to facilitate the trade of NPLs in the region. Designed to serve as a road map, it assesses the region’s demand and readiness for an NPL platform, details the benefits it could offer, and explains how it could ultimately help countries improve their financial stability.