Road Map for Developing an Online Platform to Trade Nonperforming Loans in Asia and the Pacific
Author: Asian Development Bank
Publisher: Asian Development Bank
Published: 2022-10-01
Total Pages: 139
ISBN-13: 9292697900
DOWNLOAD EBOOKA 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.