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Non-performing Loans: Challenges and Options for Banks and Corporations

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Non-Performing Loans and Resolving Private Sector Insolvency

Abstract

The chapter addresses the challenge that non-performing loans pose to banks as lenders and domestic corporations as debtors. Firstly, it looks into how NPLs can deteriorate a bank’s portfolio affecting its financial position and forcing its restructuring. Secondly, it considers the restructuring options for both banks and corporations drawing similarities and highlighting differences. Thirdly, the chapter discusses the main aspects of out-of-court private expedited workouts and formal court-supervised procedures.

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Author information

Authors and Affiliations

  1. Centre for Commercial Law Studies, Queen Mary, University of London, London, UK

    Rodrigo Olivares-Caminal

  2. University of Reading, School of Law, Reading, UK

    Andrea Miglionico

Authors
  1. Rodrigo Olivares-Caminal
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  2. Andrea Miglionico
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Editor information

Editors and Affiliations

  1. Group Chief Economist Eurobank Ergasias S.A., Athens, Greece

    Platon Monokroussos

  2. Hellenic Bank Association, Counsel to the Board of Directors, Athens, Greece

    Christos Gortsos

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Olivares-Caminal, R., Miglionico, A. (2017). Non-performing Loans: Challenges and Options for Banks and Corporations. In: Monokroussos, P., Gortsos, C. (eds) Non-Performing Loans and Resolving Private Sector Insolvency. Palgrave Macmillan Studies in Banking and Financial Institutions. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-50313-4_2

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  • DOI: https://doi.org/10.1007/978-3-319-50313-4_2

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-319-50312-7

  • Online ISBN: 978-3-319-50313-4

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

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