Bad loan closure times in Italy
Emilia Bonaccorsi di Patti (),
Cristina Demma (),
Davide Dottori and
Giacinto Micucci ()
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Emilia Bonaccorsi di Patti: Bank of Italy
Cristina Demma: Bank of Italy
Giacinto Micucci: Bank of Italy
No 532, Questioni di Economia e Finanza (Occasional Papers) from Bank of Italy, Economic Research and International Relations Area
We propose a procedure for calculating closure times for bad business loans in Italy using Central Credit Register data over the period 2005-2016. We find that after 2008 bad loan closure times increased, peaking in the years 2011-12; they then began to fall, returning close to their initial levels in 2016. These results suggest that the recent initiatives improving banks’ non-performing loan management policies and the effectiveness and speed of recovery procedures are starting to bear fruit.
Keywords: non-performing loans; closure times; firms’ credit; banks. (search for similar items in EconPapers)
JEL-codes: G01 G21 G33 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ban and nep-cfn
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Persistent link: https://EconPapers.repec.org/RePEc:bdi:opques:qef_532_19
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