Non-performing Loans – Different this Time? NPL resolution after COVID-19
Analyse approfondie
05-03-2021
Model estimates of NPLs of a large sample of banks in the euro area suggest that macro-economic factors drive NPLs. This implies that the NPL-ratio may not increase in a similar fashion as after the global financial crisis. However, the low fit of the model shows that idiosyncratic factors play a major role in explaining NPLs. This is illustrated in a case study for the Netherlands which suggests that deferred tax payments may lead to increasing NPLs. This paper was prepared by the Economic Governance Support Unit (EGOV) at the request of the Committee on Economic and Monetary Affairs (ECON).
Analyse approfondie
Auteur externe
Jakob DE HAAN
À propos de ce document
Type de publication
Domaine politique
Mot-clé
- banque
- crise monétaire
- documentation
- déduction fiscale
- Europe
- FINANCES
- fiscalité
- garantie de crédit
- GÉOGRAPHIE
- géographie politique
- géographie économique
- institutions financières et crédit
- maladie à coronavirus
- Pays-Bas
- prêt
- QUESTIONS SOCIALES
- relations monétaires
- reprise économique
- santé
- situation économique
- système bancaire
- ÉCONOMIE
- ÉDUCATION ET COMMUNICATION
- épidémie
- étude de cas