Issues in the Establishment of Asset Management Companies /

This paper discusses the role of asset management companies (AMCs) in facilitating bank restructuring and specifies some policy lessons learned from international experience. The paper concludes that there is no single optimal solution but a combination of strategies that will vary from bank to bank...

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Detalhes bibliográficos
Autor principal: Ingves, Stefan
Outros Autores: He, Dong, Seelig, Steven
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2004.
Colecção:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2004/003
Acesso em linha:Full text available on IMF
Descrição
Resumo:This paper discusses the role of asset management companies (AMCs) in facilitating bank restructuring and specifies some policy lessons learned from international experience. The paper concludes that there is no single optimal solution but a combination of strategies that will vary from bank to bank and country to country. There are, however, common factors that contribute to the success of an AMC and these include the legal environment, leadership, independence, incentives, and commercial orientation.
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Descrição Física:1 online resource (29 pages)
Formato:Mode of access: Internet
ISSN:1934-7456
Acesso:Electronic access restricted to authorized BRAC University faculty, staff and students