Recapitalizing banks in a systemic crisis is a complex medium-term process that requires significant government intervention and careful management at both the strategic and individual bank levels. This paper examines the range of operational and strategic issues involved and the institutional arrangements needed to foster an effective banking system restructuring, as well as maximize the returns on government investment. Recapitalization approaches have varied in the different mixes of direct capital injections and asset purchases and rehabilitation that countries choose. The choice of an appropriate mix is critical to minimizing the expected present value of government outlays net of recoveries. Copyright 2001, International Monetary Fund
Systemic banking crises often continue into recessions with large output losses (Reinhart & Rogoff 2...
In a world of financial globalisation, foreign investors benefit from bank bailouts in response to a...
Interventions in banks are often an integral element of a government’s program for addressing a syst...
Government-financed bank restructuring programs, occasionally costing up to 50% of GDP, are commonly...
Government-financed bank restructuring programs, occasionally costing up to 50% of GDP, are commonly...
A financial crisis leads to a debt overhang in the banking sector and subsequently to a credit crunc...
This paper documents the characteristics of public recapitalizations of banks undertaken since 2008 ...
Efforts to recapitalize banks in the current crisis have been, to date, focused on government assist...
Countries that have experienced banking crises have adopted oneof two distinct approaches toward the...
The most recent crisis prompted regulatory authorities to implement directives prescribing actions t...
W hen a nation’s banks experience major losses, depositors, the mar-kets, and regulators respond. Th...
The 2008 financial crisis led to wide-scale State supported bank rescues. Even if quick reactions we...
Recent financial sector crises and their resolution have raised new issues and provided additional e...
© 2016 Elsevier Ltd While the literature on capital adequacy and bank recapitalization agrees on the...
In the Spring of 1992, the Swedish government faced a dilemma. The country was in the midst of an ec...
Systemic banking crises often continue into recessions with large output losses (Reinhart & Rogoff 2...
In a world of financial globalisation, foreign investors benefit from bank bailouts in response to a...
Interventions in banks are often an integral element of a government’s program for addressing a syst...
Government-financed bank restructuring programs, occasionally costing up to 50% of GDP, are commonly...
Government-financed bank restructuring programs, occasionally costing up to 50% of GDP, are commonly...
A financial crisis leads to a debt overhang in the banking sector and subsequently to a credit crunc...
This paper documents the characteristics of public recapitalizations of banks undertaken since 2008 ...
Efforts to recapitalize banks in the current crisis have been, to date, focused on government assist...
Countries that have experienced banking crises have adopted oneof two distinct approaches toward the...
The most recent crisis prompted regulatory authorities to implement directives prescribing actions t...
W hen a nation’s banks experience major losses, depositors, the mar-kets, and regulators respond. Th...
The 2008 financial crisis led to wide-scale State supported bank rescues. Even if quick reactions we...
Recent financial sector crises and their resolution have raised new issues and provided additional e...
© 2016 Elsevier Ltd While the literature on capital adequacy and bank recapitalization agrees on the...
In the Spring of 1992, the Swedish government faced a dilemma. The country was in the midst of an ec...
Systemic banking crises often continue into recessions with large output losses (Reinhart & Rogoff 2...
In a world of financial globalisation, foreign investors benefit from bank bailouts in response to a...
Interventions in banks are often an integral element of a government’s program for addressing a syst...
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