Republic of San Marino : Selected Issues

Author/Editor:

Statistical Office of the European Communities

Publication Date:

May 10, 2016

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper offers elements of a possible strategy to deal with San Marino’s nonperforming loans (NPLs). It provides a brief overview of the reasons behind the accumulation of impaired assets by Sammarinese banks. This paper also presents some stylized facts regarding the nature and composition of San Marino’s problem loans. Further, it summarizes the experience of other small economies in dealing with weak banks and NPLs, with a view to drawing policy lessons. This paper also discusses recent measures implemented by the Sammarinese authorities to address weak financial institutions and their problem assets and examines the main impediments to deal with NPLs in San Marino’s legal and tax framework.

Series:

Country Report No. 16/112

Subject:

English

Publication Date:

May 10, 2016

ISBN/ISSN:

9781484344101/1934-7685

Stock No:

1SMREA2016002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

30

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