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This paper studies how Uruguay's regulatory framework was gradually strengthened to address shortcomings identified … resulting in an acceleration of bank lending. In particular, regulatory reforms pertaining to loan classification and … prudential regulation in Uruguay now generally conforms to high standards while also embracing innovative elements such as …
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This paper examines the determinants of the non-performing loans ratio of Uruguayan banks and studies the existence of cointegration relationships between this ratio and a set of macroeconomic variables. Authors find evidence of the existence of a relationship between non-performing loans ratio,...
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