"In the euro area, this requires unclogging the bank lending channel by tackling the €900 billion stock of nonperforming loans.
As banks with more bad loans tend to lend less, the high level of nonperforming loans needs to be reduced. If no further actions are taken, bank lending capacity in the euro area could only amount to a meager 1 to 3 percent on average per year.
Policymakers should encourage banks to deal with their bad loans and ensure more efficient legal and institutional "
Source: IMF , GLOBAL FINANCIAL STABILITY REPORT - Financial Risks Rise, Rotate
Without any risk or responsibility...
As banks with more bad loans tend to lend less, the high level of nonperforming loans needs to be reduced. If no further actions are taken, bank lending capacity in the euro area could only amount to a meager 1 to 3 percent on average per year.
Policymakers should encourage banks to deal with their bad loans and ensure more efficient legal and institutional "
Source: IMF , GLOBAL FINANCIAL STABILITY REPORT - Financial Risks Rise, Rotate
Without any risk or responsibility...
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