Issues in the Establishment of Asset Management Companies

This paper discusses the role of asset management companies (AMCs) in facilitating bank restructuring and specifies some policy lessons learned from international experience. The paper concludes that there is no single optimal solution but a combination of strategies that will vary from bank to bank and country to country. There are, however, common factors that contribute to the success of an AMC and these include the legal environment, leadership, independence, incentives, and commercial orientation.
Publication date: May 2004
ISBN: 9781451974225
$15.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
English
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Finance , corporate restructuring , loan restructuring , restructuring , asset management companies , impaired assets , Financial Institutions and Services: Government Policy and Regulation

Summary