How Long to Read Carving Out Legacy Assets

How Long Does it Take to Read Carving Out Legacy Assets?

It takes the average reader and 23 minutes to read Carving Out Legacy Assets by Willem Pieter De Groen

Assuming a reading speed of 250 words per minute. Learn more

Description

European banks have accumulated more than €1 trillion in non-performing loans (NPLs) on their balance sheets after the burst of the 2007-2009 great financial crisis. The NPLs pose a potential threat to bank stability in euro-area countries such as Cyprus, Greece, Italy, Portugal and Slovenia, where more than 15% of the loans are non-performing. This paper assesses the effectiveness of the various resolution tools to deal with legacy assets such as NPLs under the resolution framework. On the one hand, the on-balance sheet tools (no tools, sales of entire bank, and asset guarantees) and on the other hand, the tools that carve out the assets from the banks' balances (selling part of the bank, bridge bank and asset separation) are assessed based on the experiences in the aftermath of the financial crisis. The figures for the 79 euro-area banks that received capital support between 2007 and 2016 show that the differences in bank viability as well as financial and economic stability are fairly similar across tools, except for the sale of the entire business and bridge banks. Taking also the costs (losses and recapitalisation) into account, asset management companies in particular, as well as bridge banks, guarantees and no specific resolution tools, seem under the current conditions to effectively deal with legacy assets such as NPLs.

How long is Carving Out Legacy Assets?

Carving Out Legacy Assets by Willem Pieter De Groen is 23 pages long, and a total of 5,819 words.

This makes it 8% the length of the average book. It also has 7% more words than the average book.

How Long Does it Take to Read Carving Out Legacy Assets Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 31 minutes to read Carving Out Legacy Assets aloud.

What Reading Level is Carving Out Legacy Assets?

Carving Out Legacy Assets is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Carving Out Legacy Assets?

Carving Out Legacy Assets by Willem Pieter De Groen is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Carving Out Legacy Assets by Willem Pieter De Groen on Amazon click the button below.