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The NBRB revised in 2018 its regulation on asset classification and provisioning (the Regulation). One of the main changes was the introduction of a new definition for NPLs based on the current framework of risk groups (RGs). This definition substitutes the previous term 'problem assets.' One of...
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The purpose of the missions of Phase I was to develop a functional central bank, including establishing a modern …
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Hong Kong SAR (HKSAR) is a small and open economy, and a major international financial center with extensive linkages to Mainland China. Over the past two years, Hong Kong SAR's economy and financial sector were adversely impacted by domestic social unrest, US-China tensions, and the global...
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a strategy to substantially reduce NPLs. The Bulgarian National Bank should adopt a comprehensive strategy in the near … more intensive measures to enhance bank practices in three main areas: (1) loan loss provisioning; (2) loan write-downs of …
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enforcement systems (for secured and unsecured credit); (2) debt recovery and informal enterprise workout practices; (3) formal …
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about 57 percent of all NPLs. A tough stance on the implementation of the European Central Bank (ECB) guidance on NPLs is …
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This Technical Note on Cooperative Banks and Credit Unions for the Republic of Poland reviews the cooperative bank and … credit union sectors. It focuses on: the situation of the two sectors that are both in states of transition; the regulatory … modernizing and competitive banking sector. Most cooperative banks and credit unions are found to be stable; however, each sector …
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