PLAN FOR THE RECOVERY OF A BANK IN THE PRE-ACCESSION PROCESS – REQUIREMENTS AND STANDARDS

Maria Vidolova ()
Additional contact information
Maria Vidolova: Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski

Yearbook of the Faculty of Economics and Business Administration, Sofia University, 2021, vol. 20, issue 1, 19-36

Abstract: The article is dedicated to the development of bank recovery plans in the context of the pre-accession process of the Republic of Bulgaria to ERM II, related to the requirements of a number of normative documents, including the Directive on the recovery and resolution of credit institutions. The need for banks to develop single instruments, indicators, procedures and escalation options containing actions in the event of a serious deterioration in the situation of a financial institution shall be considered. The article proposes the structure of a recovery plan, the main subordination units and functions, as well as the most important indicators for early warning in case of deterioration of a bank's financial situation.

Keywords: framework of a recovery plan; critical thresholds of key financial indicators; escalation procedure. (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.feba.uni-sofia.bg/sko/yrbook/Yearbook20-02.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sko:yrbook:v:20:y:2021:i:1:p:19-36

Access Statistics for this article

More articles in Yearbook of the Faculty of Economics and Business Administration, Sofia University from Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski - Bulgaria Contact information at EDIRC.
Bibliographic data for series maintained by Prof. Teodor Sedlarski ().