Non-Performing Loans: A Cross Country Comparison of Regulatory and Policy Responses
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This book focuses on the regulatory, supervisory and policy resolutions of the problems of the financial and banking system during the global financial crisis and the COVID-19 pandemic. Many banks around the globe failed due to a bubble in the real estate sector, which was created in the US and rapidly spread around the world, producing a massive liquidity crunch. As a result, the proportion of non-performing loans (NPLs) rose in developed and emerging nations alike. This book critically ex...























