Showing 1 - 10 of 312
Soon after Korea agreed to an IMF-supported program, Seoul Bank and Korea First Bank were nationalized through an … foreign investors. Korea First Bank was sold to foreign investors at the end of 1999. Seoul Bank, however, remained a … government-owned bank, managed by a team of professionals recruited from outside of the traditional banking sector. This paper …
Persistent link: https://www.econbiz.de/10014403973
This paper aims to provide a balanced assessment of Korea Asset Management Corporation''s role in resolving nonperforming loans in the aftermath of the 1997-98 financial crisis. It argues that KAMCO''s incentive to dispose of NPLs can be explained by a strong social desire for a recovery of...
Persistent link: https://www.econbiz.de/10014404048
Governments frequently assist troubled banks. This paper examines the fiscal aspects of such assistance: rationale, design criteria, methods, and macroeconomic implications. It concludes that (1) banks should be assisted only when there is a clear systemic risk; (2) assistance should be tied to...
Persistent link: https://www.econbiz.de/10014401269
The paper analyses the cost and effectiveness of bank restructuring policies in 11 transition countries during 1991 …
Persistent link: https://www.econbiz.de/10014401605
This paper proposes a stylized sequencing of banking supervision and bank restructuring measures designed to complement … because the initial cost of bank restructuring can be offset, partly, through the budgetary effects of improved enterprise …
Persistent link: https://www.econbiz.de/10014395923
The paper finds that, given Australia's conservative approach in implementing the Basel II framework, Australian banks …
Persistent link: https://www.econbiz.de/10009423924
This paper focuses on how the exposure to the corporate sector may impact the health of the Australian banking system. It also compares Australian banks with their international peers. Finally, it investigates banks'' exposure to credit risk using the new Basel II Pillar 3 disclosure data. The...
Persistent link: https://www.econbiz.de/10014404302
This paper reviews Australian banks’ performance from an international perspective, with a focus on changes in capital and liquidity risk. The paper analyses the extent of any vulnerability that might arise from a potential deterioration in the funding markets and discusses whether liquidity...
Persistent link: https://www.econbiz.de/10014397495
The paper finds that, given Australia's conservative approach in implementing the Basel II framework, Australian banks …
Persistent link: https://www.econbiz.de/10014395580
Based on the experience of budget management reforms that have been introduced over the last two decades in a large number of member countries of the Organization for Economic Cooperation and Development (OECD) it is not uncommon to find emerging market economies moving toward performance-based...
Persistent link: https://www.econbiz.de/10014401133