McIver, Ron - In: Managerial Finance 31 (2005) 12, pp. 11-28
‐owned commercial banks’ non‐performing loans to asset management companies. An understanding of these factors is central in analysing … non‐performing loans from the state‐owned commercial banks to the asset management companies. Real and financial options …‐performing assets remaining with the stateowned commercial banks, and within the equity positions held by the asset management companies …