IMF staff calls for ‘comprehensive strategy’ on non-performing loans

imf-hq
The IMF headquarters

International Monetary Fund staff have renewed their call for European states to tackle non-performing loans (NPLs). Calling for a "comprehensive strategy" to deal with NPLs, they highlighted that Europe needs a private market for distressed bank debt.

In a discussion note, published on September 24, the staff note "reducing the level of impaired assets is essential" for reviving the European banking sector. Despite this, they say, many European countries still have considerable obstacles to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.