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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Bibliographic Details
Main Author: Ingves, Stefan
Other Authors: He, Dong, Seelig, Steven
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2004.
Series:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2004/003
Online Access:Full text available on IMF
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520 3 |a 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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700 1 |a He, Dong. 
700 1 |a Seelig, Steven. 
830 0 |a IMF Policy Discussion Papers; Policy Discussion Paper ;  |v No. 2004/003 
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