TY  - UNPD
A1  - Kasinger, Johannes
A1  - Krahnen, Jan Pieter
A1  - Ongena, Steven
A1  - Pelizzon, Loriana
A1  - Schmeling, Maik
A1  - Wahrenburg, Mark
T1  - Non-performing loans - new risks and policies? : NPL resolution after COVID-19: main differences to previous crises
T2  - SAFE white paper ; No. 84
N2  - This paper discusses policy implications of a potential surge in NPLs due to COVID-19. The study provides an empirical assessment of potential scenarios and draws lessons from previous crises for effective NPL treatment. The paper highlights the importance of early and realistic assessment of loan losses to avoid adverse incentives for banks. Secondary loan markets would help in this process and further facilitate bank resolution as laid down in the BRRD, which should be uphold even in extreme scenarios.
T3  - SAFE white paper series - 84 
KW  - Covid-19
KW  - Non-performing Loans
KW  - Bank Resolution
KW  - Secondary Loan Markets
KW  - BRRD
Y1  - 2021
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/57528
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-575286
UR  - https://safe-frankfurt.de/fileadmin/user_upload/editor_common/Policy_Center/SAFE_White_Paper_84.pdf
PB  - SAFE
CY  - Frankfurt am Main
ER  -