This Selected Issues paper focuses on the insolvency of the National Bank of Fiji (NBF). As of June 1995, an estimated two-thirds of its loan portfolio was judged to be nonperforming (7 1\2 percent of GDP), with slim chances of recovery, leaving the bank with a negative net worth estimated at F USD...
|a Washington, D.C. :
|b International Monetary Fund,
|c 1996.
300
|a 1 online resource (48 pages)
490
1
|a IMF Staff Country Reports
500
|a <strong>Off-Campus Access:</strong> No User ID or Password Required
500
|a <strong>On-Campus Access:</strong> No User ID or Password Required
506
|a Electronic access restricted to authorized BRAC University faculty, staff and students
520
3
|a This Selected Issues paper focuses on the insolvency of the National Bank of Fiji (NBF). As of June 1995, an estimated two-thirds of its loan portfolio was judged to be nonperforming (7 1\2 percent of GDP), with slim chances of recovery, leaving the bank with a negative net worth estimated at F USD 170 million. The Reserve Bank of Fiji (RBF) raised concerns about the NBF's lending practices as early as 1991, but it lacked the power to enforce a solution. The problems continued to grow until the NBF's liquidity position finally became untenable in 1994.
538
|a Mode of access: Internet
830
0
|a IMF Staff Country Reports; Country Report ;
|v No. 1996/113
856
4
0
|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/002/1996/113/002.1996.issue-113-en.xml
|z IMF e-Library