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European Union : Publication of Financial Sector Assessment Program Documentation—Technical Note on Progress with Bank Restructuring and Resolution in Europe

Published: March 15, 2013
Electronic Access: Free Full Text (PDF file size is 672KB)
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Summary: This article is an analysis on the restructuring banking system of the European Union. The global financial crisis created the need to restructure by immensely reflecting weaknesses in the public, households, corporate, and other financial sectors. The restructuring includes the strengthening of bank resolution tools, the activation of nonperforming loans, the maintenance of macrofinancial framework, recovery of market access, and so on. The Executive Board recommends this transition of the European Union because this paves the way to financial stability globally.
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Series: Country Report No. 13/67
Subject(s): Financial Sector Assessment Program | European Union | Bank restructuring | Bank resolution | Banking sector | European Economic and Monetary Union | Europe
    Published:   March 15, 2013        
    ISBN/ISSN:   9781475559996/1934-7685   Format:   Paper
    Stock No:   1EUREA2013003   Pages:   26
    Price:   US$18.00
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